Rest Assured, BVA Can Help!

Your life is stressful enough as a business owner, never mind adding a health scare to the mix. At BVA, our accountants have the experience to answer the “what if” questions and the forethought to structure your estate in a way that provides a sense of security and serenity for you and your family.


Your life is stressful enough as a business owner, never mind adding a health scare to the mix. At BVA, our accountants have the experience to answer the “what if” questions and the forethought to structure your estate in a way that provides a sense of security and serenity for you and your family. 

Most people who are employed have Employment Insurance, Workers Compensation, or Short-Term Disability Insurance through their work. For longer term coverage they may receive Canada Pension Plan Disability or coverage from a Long-Term Disability insurance plan that can provide them with regular income while away.

However, a business owner’s situation is very different as they have to actively seek out health insurance options. Here are a few things you should consider including in your estate plan to protect you against a health scare:

  1.  Worker’s Compensation Board (WCB) Coverage
    • WCB is s a no-fault insurance that provides medical and return to work support services, protection against loss of income and lawsuit protection from employees that are hurt on the job. 
    • It will help provide your employees with the appropriate medical services they need to return to the job, compensate for lost wages and provide lawsuit protection if parties are covered by WCB. 
    • To register for WCB go to the WCB.ab.ca website, in the Insurance and premiums section there is a get coverage option.


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