What is it?
While some occupations and industries have a higher risk of workplace incidents and/or fatalities than others, Workers’ Compensation is compulsory for all Australian employers. It provides financial compensation to workers if they suffer a work-related injury or illness.
What does it cover?
Whether part-time, full-time or casual employees, everyone can expect to receive a range of benefits, and frequently financial compensation, if they suffer an injury or contract a disease due to their employment. These benefits can include weekly payments, as well as hospital and medical expenses, and rehabilitation services.
Workers’ Compensation policies and premiums often differ between States and providers too, so it makes good business sense to seek expert insurance advice when making your decision. An Insurance Advisernet Authorised Representative is able to guide you through the specific regulations in your State or Territory to ensure full compliance – and the best value possible.