Weekly income benefits limited to minimum rate due to self-employed applicant's lack of verifiable business records.
The applicant was injured in a motor vehicle accident and applied for statutory accident benefits.
He claimed entitlement to the maximum weekly income benefit of $600, while the insurer paid the minimum of $185.60.
The applicant, who operated a moving business, lacked basic business records such as tax returns, invoices, or an accounting book.
The arbitrator accepted the insurer's accountant's conclusion that there was insufficient verifiable evidence to establish the applicant's pre-accident income.
The applicant's entitlement was limited to the minimum rate of $185.60 per week, but he was awarded his arbitration expenses.
OFSCDRSOntario Financial Services Commission - Dispute Resolution ServicesMay 31, 1995
