Workers Compensation Insurance
A workers compensation policy provides cover for your workers in the event of a work-related injury or illness.
Workers insurance is different in each state and territory of Australia.
· Weekly benefits
· Rehabilitation services
· Medical and hospital expenses
· Lump sum payment for death or permanent impairment
Employers other than those exempt must have a workers compensation policy. An employer is any business that employs or hires full-time, part-time or casual workers.
The cost of your premium is based on the industry you work in, how much your business pays in wages and claims experience.
The information supplied is of factual or general advice only and is provided to assist you to determine if this product is right for you. It does not constitute personal advice as it does not consider your personal objectives, financial situation or needs. You should consider these before acting on this information. Prior to making a financial decision you should read the relevant Policy, Product Disclosure Statement or seek professional advice.
The information in this document is provided by Business Insurance for Woman, a trading name of Lido 34 Financial Services Pty Ltd a Corporate Authorised Representative (CAR No.000325541) of General Insurance Brokers of Australia Pty Ltd ABN 94 135 132 455 AFSL342546. Business Insurance for Woman is part of GIBA, which is part of the Steadfast broker network.
