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.