Workers’ compensation is a compulsory statutory form of insurance for all employers in every state and territory in Australia and provides protection to workers if they suffer a work-related injury or disease.
Any business that employs or hires workers on a full-time, part-time or casual basis, under an oral or written contract of service or apprenticeship, must have workers compensation insurance that covers all workers
Each scheme has different rules in place for domestic employees. These can be checked on the scheme regulator’s website in that state.
If a worker employed by you suffers a workplace injury or disease, the workers compensation scheme may provide the injured worker with weekly benefits, medical and hospital expenses, rehabilitation services, certain personal items and a lump sum payment for permanent impairment on the basis set by the particular scheme.
Each state government regulates the workers compensation scheme in that state. The various schemes are administered in different ways and insurers may have different roles within the schemes. In Western Australia, Tasmania, Northern Territory and ACT, insurers privately underwrite the scheme. In NSW, Victoria and South Australia, insurers operate as scheme agents on behalf of the government authority. In Queensland, the scheme is operated entirely by the state.
RMA Insurance Brokers has access to all the major Workers Compensation Insurers in Australia and in each State. We will partner with your business to reduce workplace injuries and achieve sustainable return to work outcomes. We can also offer access to professional Workers Compensations consulting services which will allow you to manage and reduce claims ultimately reducing your premium regardless of what State in Australia you are based.