OCF-10: Election of Income Replacement, Non-Earner and Caregiver Benefit

The Financial Services Regulatory Authority of Ontario (FSRA) has a series of Auto Insurance Claims Forms (OCF Forms) that need to be filled out if you are seeking compensation or benefits for your injuries after a motor vehicle accident.

The OCF-10 form is also known as the Election of Income Replacement, Non-Earner or Caregiver Benefit Form. Claimants who are eligible for Income Replacement, Non-Earner or Caregiver Benefits may only receive one of these benefits, and must choose the one they want to receive on the OCF-10. It’s important to note that once a claimant decides which benefit they will receive, they cannot change their mind. Unless the insurer is demanding that you complete this form, it is wise not to do so until requested.

You can read more about the OCF-10 Form and download it on the FSRA website here.

What Information is Required on the OCF-10?

The OCF-10 form will ask you to select which benefit you wish to receive. A challenging aspect for most claimants is deciding which benefit they should choose. Below is a breakdown of the different types of benefits available through SABS.

• Income Replacement Benefit: This benefit is available to those who were employed or self-employed at the time of their accident or had been working for a prescribed amount of time leading up to the incident. Income replacement benefits entitle you to a certain percentage of your gross income, with a cap on the maximum payout you may be eligible to receive.
• Non-Earner Benefit: This benefit is available to those who were not employed at the time of their accident and whose injuries prevent the completion of regular day-to-day activities. The payout is a fixed amount and will only be provided for a prescribed amount of time.
• Caregiver Benefit: This is an optional benefit available to accident victims who, at the time of the accident, were acting as a primary caretaker for a dependent or adult in need. This benefit is intended to compensate you for the cost of hiring someone to take over your caregiver responsibilities when your injuries prevent you from doing so. If you have a catastrophic impairment, you may qualify for a caregiver benefit even if you did not purchase it as an optional benefit.

We recommend that you contact a personal injury lawyer to help you decide which benefit is the best fit for your situation.

How Can a Personal Injury Lawyer Help You Fill Out the OCF-10?

Hiring our Ontario personal injury lawyers to help you process your claim is highly recommended. Not only will we ensure that you submit all your OCF forms on time, but we will also check that they are submitted correctly and in a manner that puts your best interests first. Contact Preszler Injury Lawyers today for a free consultation, and let us help you with the OCF-10: Election of Income Replacement, Non-Earner or Caregiver Benefit.