Top Disability Insurance Companies in Canada for LTD & STD (2025)

What is a disability insurance company?

In Canada, a disability insurance company provides long-term disability (LTD) and short-term disability (STD) insurance to individuals, businesses, and organizations. These companies also often offer life insurance, mortgage life insurance, critical illness insurance, and other financial protection products.

Disability insurance is meant to provide financial assistance when an individual can’t work due to illness or injury. However, insurance companies frequently deny claims, even when a person is genuinely unable to return to work.

How are disability insurance companies regulated?

Insurance companies in Canada are regulated by provincial and territorial governments, ensuring that they operate fairly and maintain enough financial resources to fulfill obligations to policyholders.

How do insurance companies make money?

Insurance companies generate revenue by:

• Charging premiums for disability policies.
• Investing the premiums in financial markets.
• Denying or terminating disability claims, which allows them to avoid paying benefits.

What should I do if I am denied LTD benefits?

If your long-term disability claim is denied or cut off, you do not have to accept the decision. Insurance companies often encourage policyholders to go through their internal appeals process, but this process is rarely effective.

Instead, contact an experienced disability lawyer at Samfiru Tumarkin LLP immediately. Our team has successfully helped thousands of Canadians recover the benefits they are owed after wrongful LTD denials.

LEARN MORE
• List of Life Insurance Companies in Canada
• Critical Illness Insurance Companies in Canada

List of disability insurance companies in Canada

The following are the largest and most notable insurance providers offering long-term and short-term disability policies in Canada in 2025:

• Beneva (formerly SSQ and La Capitale)
• Blue Cross
• Canada Life
• Cigna
• The Co-operators
• CUMIS
• Desjardins Insurance
• Edge Benefits (BeniPlus)
• Empire Life
• Equitable Life
• Fenchurch General
• First Canadian
• Humania
• Industrial Alliance
• Knights of Columbus
• Manulife
• National Bank
• RBC Insurance
• SISIP
• Sun Life
• Wawanesa Life

CPP Disability benefits in Canada

In addition to private insurance policies, the Canada Pension Plan Disability (CPP Disability) provides financial support to individuals who can no longer work due to a severe and prolonged disability. Unlike private LTD insurers, CPP Disability is a federally administered program. Learn more about CPP Disability benefits here.

Disability insurance companies by province

We have also compiled province-specific lists of disability insurance providers across Canada:

• Alberta
• British Columbia
• Manitoba
• New Brunswick
• Newfoundland & Labrador
• Nova Scotia
• Ontario
• Prince Edward Island
• Saskatchewan

Denied or cut off from disability benefits? We can help

If your disability insurance company has denied or cut off your STD or LTD benefits, don’t navigate this crisis alone. Samfiru Tumarkin LLP has the knowledge and experience to hold insurers accountable and get you the compensation you deserve.