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Workplace Safety & Insurance Board |
Private Insurance |
On the Job Coverage Only
(Work Related Injury plus Illness) |
24 Hour Coverage
Injury optional illness coverage at Home, Work or Play. Covers any type of injury or illness
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| Extended Health (Work Related Only) |
Extended Health (Blanket Coverage). Alternative to WSIB contracts may offer $10,000 to $100,000 of Accidental Medical Emergency coverage. Group or Individual Extended Health contracts offer blanklet coverage any type of medical coverage to the terms of the contract purchased. |
Rehabilitation discretion of WSIB
Return to work with Modified Duties
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*Unlimited Rehabilitation Benefit in good contracts, others limited to the limit within the terms of the contract. *Return to work once client is able to return to work in his own occupation thereafter any occupation |
| WSIB doctor assessment of injury |
Clients own doctor assessment |
| 16 sprain & strain coverage |
60 day coverage, options for higher sprain & strain coverage or no limit on sprain or strain Non Cancellable contracts with a 30 day wait offer NO limitation on Sprains & Strains |
Coverage capped to reflect average industry wage
1st year capped at $22, 567.00. Normal Rate for Owner Operator $5.78 per $100 of replacement Income based on net $32,000 of replacement income. Annual Premium $1,849.60
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Overall Maximum Combined of $6,000 monthly for both Loss of Income and Business Overhead Expense Reimbursement.
Coverage based on Gross or Net Taxable Income. Average Rate for Injury Only Coverage $3.76 per day. Annual Premium of $1,349.88 or $112.49/mo. Add Extended Health Coverage Optional. Annual Premium $2,098.68.
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| LTD at discretion of WSIB |
Long Term Disability to Age 65 or 70 based on any occupation, education, training and skill. |
| Integrated with CPP |
Integrates with CPP |
| Accidental Death & Dismemberment $300,000 |
Accidental Death & Dismemberment up to $500,000 |
| Specific to Employer’s Market |
Specific to Small Business Owners needs |
| Mandatory for Employees, Optional for Business Owners |
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Inflexible to alternate coverage in place. |
Flexible. Purchase coverage by assessing your overall needs. |
