Short Term Disability (STD) /Weekly Indemnity (WI)

Short Term Disability (STD) was referred to at one time as Weekly Indemnity (WI).  To simplify it’s a privatization of the Employment Insurance (EI) Sickness Benefit.  Purchasing this insurance program becomes a business expense and offers more flexibility of a privatized STD provider.  Waiting times of benefits, levels of coverage etc. can be selected to fit your company!  Then if an employee moves from a STD claim to a Long Term Disability Claim (LTD) much of the information is already on hand and streamlined process for an easy transition.