Premium remittance wsib form 2025

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REM remittance: a cheque credited to your account that was not paid in at your account-holding branch or bank.
Deriving from the term remit (meaning to send back), remittance refers to a sum of money that is sent back or transferred to another party.
The WSIB can pay you 85% of your net earnings loss from the day after your injury until you are no longer impaired, you no longer suffer a wage loss, or the WSIB believes you should no longer be suffering a wage loss.
Remittance advice (RA) is a document (either paper or electronic) sent by an insurance payer that details how they processed a medical claim. In simpler terms, its a breakdown of what the insurance company decided to pay for and why.
About the Workplace Safety and Insurance Board. Ontarios Workplace Safety and Insurance Board (WSIB) plays a key role in the provinces occupational health and safety system.
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Remitted Premium means, for each Participating Agent, the earned title insurance premiums remitted to the Company or any Affiliate, as the case may be, by such Participating Agent.

wsib remittance form