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To calculate your premium, multiply your gross insurable earnings by your premium rate and divide by 100....How to calculate your premium and insurable earnings Determine who you are responsible for insuring during the reporting period. Determine the gross earnings for each person during the reporting period.

Employers who operate in Ontario generally require WSIB coverage for their workers. WSIB coverage provides employers with legal protection if a workplace injury occurs, and provides injured workers a variety of benefits and services.

Your loss-of-earnings benefit will continue until: your work-related injury or illness no longer affects your ability to return to your pre-injury work; or. you're no longer losing pay; or. the day you reach 65-years-old if you were less than 63-years-old the day of your injury; or.

If your work-related injury or illness causes you to lose earnings, we will provide income replacement benefits. If we determine that you can't work because of your work-related injury or illness, or you can only safely return to work for less pay, we may pay you up to 85 per cent of your pre-injury take-home pay.

We provide wage-loss benefits, medical coverage and support to help people get back to work after a work-related injury or illness. We are funded by premiums paid by Ontario businesses. We provide no-fault collective liability insurance and access to industry-specific health and safety information.

WSIB coverage is mandatory for independent operators, sole proprietors, partners in a partnership and executive officers in a corporation who work in construction. Most will have to register with us (some exemptions apply).

Maximum insurable earnings ClassClass description2023 Class Rates ($)F2Air, Transit, Ground Passenger, Recreational and Pipeline Transportation, Courier Services and Warehousing1.59G1Residential Building Construction2.47G2Infrastructure Construction1.81G3Foundation, Structure and Building Exterior Construction3.6031 more rows

The WSIB provides a wide range of benefits and services to injured workers. The benefits can include payments to cover part of your wage loss, as well as coverage for health care costs related to a workplace injury. The WSIB also provides services to assist with returning to work.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
Content Takedown Policy
Bug Bounty Program
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
+1 833 426 79 33
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232