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If your actual insurable earnings become higher than the estimated amount, contact us within 10 calendar days to update your information. Here is the insurable earnings thresholds for monthly and quarterly reporting: By streamlining our billing processes, we hope that over time you will see improvements in the consistency of the services we provide throughout the year. We have simplified our billing cycles to reduce the time you have to spend on administration related to your WSIB coverage and to make it easier for you to pay your premiums and stay up to date with us. Read our FAQS to learn more about premium reporting and payment. There is no service charge for using Interac Online. We do not receive any part of this service fee it goes directly to our online payment provider, Paymentus. ** There is a 2.25 per cent service charge for using Visa or Mastercard credit, and a 1.75 per cent service charge for using Visa Debit, and Debit Mastercard payments. You can pay your premiums using a credit card through your online banking or our online services. * Only pre-authorized debit payment is available through the CRA’s My Business Account. online or by telephone banking through your financial institution.You can report your insurable earnings and make WSIB account payments at the same time that you complete your business taxes through your Canada Revenue Agency (CRA) My Business Account.* Sign in or register for a CRA My Business Account and select WSIB (Ontario) to start using this option today. You can report, pay and reconcile your premiums in one simple transaction through your online banking. You’ll have the option to view your premium transactions online anytime. Simply enter your insurable earnings and you’ll receive an automatic calculation of your premium due. You can use our online services to accurately calculate and report your payroll information and pay your premiums. Ways to report and pay WSIB online services Sign up for premium reminders to get notifications when it’s time to report and pay. Payments not made by the due date will result in a non-compliance charge. Paying your premiums is the second step after reporting your insurable earnings. Premiums not reported by the due date will result in a non-compliance charge.įor more information on determining your insurable earnings see, calculating your premium payments and our policy on determining insurable earnings. Even if your payroll is zero, you must report. You must report your insurable earnings based on your reporting frequency. Premium reporting is the first step of the process. List of occupational diseases adjudicated by WSIB.Your Guide: Benefits, Services and Responsibilities – Worker Edition.Getting help with work reintegration for workers.Occupational disease and survivors benefits program.Make a claim for work-related mental stress.Making a claim for noise-induced hearing loss.Making a claim for occupational disease.Your Guide: Services and Responsibilities – Business Edition.Your health and safety rights and responsibilities.Return to work and disability resources.Co-operating in the return-to-work process.Benefits provided to people with claims.Occupational disease and workplace health hazards.
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How to communicate with the WSIB by email.How to calculate your premium and insurable earnings.Mandatory coverage in the construction industry.Information you need to register your business.Participation to group insurance is voluntary. Thank you for visiting Cover arranged by Axis Bank for its customers under Digit Illness Group Insurance Policy (UIN GODHLGP20142V011920). Any actions taken or obligations created voluntarily by the person(s) accessing such web sites shall be directly between such person and the owner of such websites and Axis Bank shall not be responsible directly or indirectly for such action so taken. The use of such websites would be subject to the terms and conditions of usage as stipulated in such websites and would take precedence over the terms and conditions of usage of in case of conflict between them. This is to inform you that by clicking on the hyper-link/ok, you will be accessing a website operated by a third party namely Such links are provided only for the convenience of the Client and Axis Bank does not control or endorse such websites, and is not responsible for their contents. Please read and agree with the disclaimer before proceeding further. At your request, you are being redirected to a third party site.
