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Workers Compensation Insurance

Ensure You Have the Right Amount of This Compulsory Cover

Employers are required by law to take steps to ensure their workplaces are safe. This includes having workers’ compensation insurance for all their employees.

Who should consider it?

Workers’ compensation insurance is compulsory for all employers in every state and territory in Australia. Each state or territory has its own workers’ compensation scheme, run by independent regulators, with rules differing slightly between each jurisdiction.

What isn’t covered

There are exclusions. There is also often a deductible or excess and limits on cover, so check with your Guardsafe Insurance Broker.

What can it cover?

Workers’ compensation insurance pays employees who are injured at work or become sick because of their work.

Workers’ compensation insurance can cover:

  • Employees’ wages if they’re not fit to work
  • The cost of their rehabilitation and medication