Regulations for the New Requirement to Insure Long-Term Disability Benefits
Bill or Act:
Summary of Proposal:
Based on the described amendments to the Insurance Act, The Ministry of Finance is requesting stakeholder feedback to the following questions:
1. Are there any persons or classes of persons that the Ministry of Finance should consider exempting and if so, on what basis?
2. What are your recommendations on the duration of the transition period and other matters related to the transition and implementation process?
3. Are there any facts or issues relating to the long-term disability insurance requirement that you believe should be considered in the development of the regulations?
January 16, 2015
Comments Due Date:
March 6, 2015
Insurance Policy Branch, Ministry of Finance
Frost Building North, 4th Floor
95 Grosvenor Street
Toronto, Ontario M7A1Z1