How will you support yourself and your loved ones if you cannot earn income after a motor vehicle accident?

If you are employed or self-employed at the time of a motor vehicle accident, or if you were employed at least 26 weeks during the 52 weeks before the accident or you were receiving benefits under the Employment Insurance Act at the time of the accident, you may be eligible to receive financial compensation if your accident injuries prevent you from returning to work. Under the Ontario’s Statutory Accident Benefit Schedule, such financial compensation is called Income Replacement Benefit.

If you are employed at the time of the accident, you might have access to short-term or long-term disability benefits through your workplace. However, if you don’t have access to disability benefits, we will pursue to obtain Income Replacement Benefits to which you are entitled, through your motor vehicle insurance.

If your injuries prevent you from returning to work, you maybe eligible to receive Income Replacement Benefit of up to $400 per week or 70% of your gross weekly income, whichever is lower. If you earned more than $400 per week before the accident and you were not at fault, we will pursue your loss through litigation. We ensure all Accident Benefits application forms including your Employer’s Confirmation form are completed accurately and submitted to the insurer on time while you are focusing on your recovery.

Victims of motor vehicle accident, who are self-employed at the time of the accident and cannot return to work, may also be eligible to receive Income Replacement Benefits. However, the Accident Benefit application process for self-employed victims is more complex. The insurer requires complete documentations such as income tax returns, bank statements, pay stubs etc., to calculate the amount of your Income Replacement Benefit. We will ensure your application is supported with all the required documentations.

Unfortunately, under the current law you are not entitled to receive any Income Replacement Benefit for the first seven days after your accident. However, you will receive Income Replacement Benefit for up to 104 weeks if you suffer substantial inability to perform essential tasks of your employment due to the subject accident. If you meet the disability test beyond 104 weeks, you are then deemed eligible to receive $185 per week.

Contact us at 647-957-0218 or send us an email with your inquiry at [email protected] .

​Disclaimer: This article is written for informational purposes only and should not be relied upon as legal advice.