An Insight into WCB Alberta Policies
Undoubtedly, many employees suffer work-related injuries. But how do they earn an income while injured? You will realize that the Workers Compensation Board (WCB) may award benefits to injured employees. That means WCB caters to lost wages for injured workers. Therefore, Alberta workers can get covered by the workers’ compensation board which provides coverage for illnesses and workplace injuries.
If you are a member of these insurance firms, you will benefit from their policies. As with Alberta, some industries are exempt from this insurance policy. They include insurance companies, dentistry, trust firms, and the banking sector, among others. Here are a handful of things worth understanding about WCB Alberta policies.
WCB Assessment Services
Nearly 70 percent of Alberta businesses are required to acquire WCB coverage. Therefore, people planning to establish new enterprises should consider this insurance and do online registration. You can also contact ASD professionals for further advice. They are responsible for calculating and collecting monthly premiums from Alberta employers. Perhaps, they will not let workers suffer financially when ill or injured at work.
Who Pays WCB Premiums in Alberta?
Are you wondering about who caters to your monthly WCB premiums? Well, you’ll realize that public sector employers pay. Private sector staff also pays WCB premiums for their employees. In 2020, the private sector in Alberta deferred their premiums. However, the public sector must submit their premiums by the end of December 2020. Therefore, people can make their payments online. Although Covid-19 has affected everyone, it will be helpful to pay WCB premiums on time.
Benefits of WCB Alberta Policies
Most employees get ill or injured at workplaces, but that does not mean they are ruled out of payrolls. Since employers pay WCB coverage premiums in compulsory industries, injured workers can get compensation. They may get medical aid and lost-wages replacement benefits. Therefore, workers with work-related injuries in Alberta should not worry considering that WCB insurance policies will cover them. You can seek justice from the workers’ compensation board when injured at work. Who Knows? They may come up with an excellent plan to compensate you.
Seeking compensation for work-related injuries might be challenging at times. But it might be more comfortable for employees covered in WCB Alberta policies. Maybe, they will claim their benefits upon getting ill or injured. Before you start seeking compensation for work-related injuries, consider the outlined information above. It will help you to understand more about WCB Alberta policies and help you follow the right process when looking for work-injury award benefits.