Workers Compensation Board of Prince Edward Island
In Prince Edward Island, there are over 6,500 employers protected by the worker's compensation system. The WCB is solely funded by PEI employers, based on the principle of collective liability.
The premiums Island employers pay are pooled into an accident fund that is used to pay benefits to injured workers and support the WCB's prevention, educational and administrative activities.
For the Island's compensation system to run efficiently, it is important that you, as an employer:
Insurance
In Prince Edward Island, there are over 6,500 employers protected by the worker's compensation system. The WCB is solely funded by PEI employers, based on the principle of collective liability.
The premiums Island employers pay are pooled into an accident fund that is used to pay benefits to injured workers and support the WCB's prevention, educational and administrative activities.
For the Island's compensation system to run efficiently, it is important that you, as an employer:
- Establish your coverage as legislated by the Workers Compensation Act.
- Maintain your yearly registration.
- Make timely payments based on your assessment rate.
