WorkSafeBC coverage is a crucial aspect of workplace safety in British Columbia, Canada. As a provincial statutory agency, WorkSafeBC provides comprehensive coverage for workers and employers to ensure they are protected in case of work-related injuries or illnesses.

This coverage is mandatory for most employers in British Columbia, and it serves as a vital safeguard for workers and employers alike. Whether it is protecting workers from financial losses due to workplace injuries, providing compensation for medical expenses, or supporting employers in managing workplace risks, WorkSafeBC coverage plays a pivotal role in promoting a safe and healthy work environment in the province.

✋🏻 Who needs coverage?

All employers are legally required to have WorkSafeBC coverage unless the employer is exempt.

Whether or not you need coverage depends on the type of business you choose to operate and whether or not you hire and pay workers.

👉🏻 If you:

• Hire and pay workers;

You are required to register for WorkSafeBC insurance coverage if you own a business that hires one or more workers on a full-time, part-time, casual, or contract basis.

👉🏻 If you:

• Are an owner of an incorporated company;

You are required to register for WorkSafeBC insurance coverage if you own an incorporated company and the firm is actively engaged in business.

In incorporated companies, shareholders, directors, officers of the corporation and principals (officers who also own shares in the corporation) who are actively involved in the company are considered to be workers and must have coverage.

However, there are some exemptions, such as personal service corporations, inescapable phase of operations, and personal financial holding companies. You can read more about it on the WorkSafeBC website here.

👉🏻 If you:

• Hire contractors and subcontractors;

If your business hires contractors, it is important to know that some contractors maybe your workers. This means you would be responsible for them as their employer and you would be required to pay premiums for their WorkSafeBC coverage.

✋🏻 What are the consequences of not registering?

Not registering for WorkSafeBC coverage when required is against the law. It's also a considerable financial risk. If you're not covered and a worker (including a shareholder) is injured or contracts an occupational disease, you could be responsible for both the worker's claim costs and your unpaid premiums.

For more information, refer to the WorkSafeBC website here.

(*) This article is intended as general information only and is not to be relied upon as constituting legal, financial, or other professional advice. A professional advisor should be consulted regarding your specific situation. 

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