1. Access Section B Insurance Benefits
In Alberta, auto insurance policies include Section B benefits, which can cover medical expenses and up to 80% of lost wages (to a maximum amount) if you’re unable to work.
2. File a Personal Injury Claim
If the accident was caused by someone else’s negligence, you can file a personal injury claim to seek compensation for medical bills, lost wages, and other damages.
3. Apply for Short Term Disability Benefits
If you have private disability insurance through your employer or a personal policy, apply for short-term disability benefits to cover lost wages during recovery.
4. Access Workers’ Compensation (If the Accident Was Work-Related)
For accidents that happen on the job, Workers’ Compensation Board (WCB) benefits may cover medical costs and lost income while you’re unable to work.
5. Utilize Employment Insurance (EI) Sickness Benefits
If you’re unable to work due to injury and don’t have access to disability insurance, you may qualify for EI sickness benefits, which provide temporary income support.
6. Negotiate Payment Plans with Creditors
Contact your creditors (utility companies, credit card providers, etc.) to explain your situation and request temporary payment deferrals or reduced payment plans.
7. Seek Financial Assistance from Alberta Social Programs
Programs such as Alberta Works or income support services may provide financial aid for basic living expenses if you’re unable to work due to injury.
8. Apply for a Settlement Loan
Some companies offer settlement loans to help you cover expenses while waiting for your personal injury claim to resolve. Be cautious, as these loans often have high interest rates.
9. Tap into Savings or Emergency Funds
If you have an emergency fund or savings account, consider using it to cover essential bills during your recovery.
10. Rely on Family or Community Support
Reach out to family members, friends, or community organizations for temporary financial help or access to resources, such as food banks or housing assistance programs.
These options can help ease the financial burden of an accident. For tailored advice, consult WatchmakerLaw who can guide you on maximizing compensation and financial resources.
Visit www.watchmakerlaw.com to learn more. Email: davids@watchmakerlaw.com or Call: 587 850 2899
