What is Optional Coverage?
If you are a sole proprietor, business partner or owner of a non-incorporated company and find yourself injured on a worksite, you probably won’t qualify for worker’s compensation.
If that concerns you, sign up for Optional Coverage.
The Yukon Workers’ Compensation Health and Safety Board offers coverage for employers like you.
The minimum annual assessment premium is $150. But you must purchase coverage that accurately reflects your real earnings.
If you are injured, time-loss benefits will be the lesser of the coverage purchased and in place at the time of the injury or based on your actual proven earnings up to the Maximum Wage Rate. (Income from concurrent employment will be considered, if applicable.)
Coverage expires at midnight December 31, and must be renewed every year.
If you are interested in Optional Coverage, fill out this application form.
If you have any questions, please contact us Monday to Friday from 8 a.m. to 5 p.m.
Phone: (867) 667-5095
Toll Free: 1-800-661-0443