Workers' Compensation (Optional for Self-Employed): Who Qualifies and What You Get
Self-employed individuals can choose to opt-in to workplace insurance to receive medical coverage and income replacement if they are injured on the job.
This scheme allows self-employed individuals to purchase optional workplace insurance to protect themselves against accidents that happen while working.
Who it's for
This is designed for self-employed individuals, such as tailors, who want to ensure they have coverage for workplace-related injuries.
What you get
If you are injured while performing your work, this scheme provides medical coverage for your treatment and helps replace your income while you are unable to work.
What it costs you
You pay monthly premiums to maintain this coverage. The amount you pay is determined by the income you report from your business.
The catch to know
Because this coverage is not mandatory for sole proprietors, it is easy to overlook. Many self-employed people forget to opt-in and remain unprotected if an accident occurs.
How to apply
- Contact your local provincial or territorial workers' compensation board.
- Request information regarding optional coverage for self-employed individuals.
- Report your estimated business income to determine your premium rate.
- Set up your monthly premium payments to ensure continuous coverage.