Workers’ Compensation Insurance

Workers Compensation Insurance covers the wages and most medical bills of your workers if they suffer a work-related injury.

What is workers’ compensation insurance?

If you’re a business owner, it’s easy to assume that accidents won’t happen at your workplace. But the statistics say otherwise.

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

How you can be protected with workers’ compensation insurance

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

Workers’ compensation can provide 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 state or territory scheme.

Employees’ wages
If they’re not fit to work
Employee injury
Cost of their rehabilitation and medical expenses

Our brokers can help you compare workers’ compensation insurance and tailor a workers’ compensation insurance quote to ensure you are adequately covered.

Do I need workers’ compensation insurance?

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.

Find out more about workers’ compensation insurance in NSW.

Case study

Lin works on a production line, packing food products. After five years at the job, she develops carpal tunnel syndrome, which is painful and makes it impossible for her to do her job.

It was found that the repetitive work on the production line caused her condition. She needs to take time off work to rest, undergo physiotherapy and have corticosteroid medication.

Lin’s employer could make a claim through workers’ compensation. They also took steps to improve their work safety practices, such as moving staff to different tasks and ensuring they take regular breaks during the day.

Tips or other things to know about workers’ compensation insurance

Workers compensation insurance can also provide:

  • Domestic assistance
  • New employment assistance payments
  • Education or training assistance payments
  • Property damage claims
  • Lump sum compensation for permanent impairment
  • Work break and journey claims
  • Hearing impairment claims
  • Uninsured employer claims
  • Exempt worker claims (police officers, firefighters, paramedics)
  • Payments in the event of death

Our brokers can help you compare workers’ compensation insurance and tailor a workers’ compensation insurance quote to ensure you are adequately covered.

Have a question? We can help

What is covered by workers compensation insurance?

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

Workers’ compensation can provide 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 state or territory scheme.

What are three types of workers compensation insurance?

Broadly speaking there are three types of insurers in the NSW workers compensation system: iCare; self-insurers; and specialised insurers. iCare is a NSW Government agency that provides insurance and care services to statutory authorities and to people with injuries under various compensation schemes.

Our brokers can help you compare workers’ compensation insurance and tailor a workers’ compensation insurance quote to ensure you are adequately covered.

Can you sack someone on workers compensation?

Most of the legislation throughout Australia prohibits an employer from dismissing an employee who is absent on workers’ compensation until after a specified period has passed.

Who pays workers compensation?

Workers compensation aims to cover both the employer and the worker, in the event of an injury. If an employee is injured whilst carrying out their job, the employer is liable to pay compensation regardless of who was at fault.

What are examples of workers compensation?

Examples of workers compensation include death benefits, wages, rehabilitation services, and medical expenses. Compensation claims vary according to the circumstances, but some types of accidents are more common than others.

We know that navigating the world of insurance can be complex and confusing. Our brokers compare the myriad of insurance options on the market for you, providing expert advice to implement your chosen plan.

What happens if you can't work due to injury?

If you’re injured at work and can’t work, you could be able to make a workers compensation claim. Check with your employer and seek legal advice if you are still unsure.

Can you sue your job if you get hurt?

Workers compensation legislation in NSW allows workers with a work-related injury to claim work injury damages. In NSW, most workers with a work-related injury are limited to being able to claim work injury damages for past loss of earnings and future loss of earning capacity only.

Insurers we work with

Allianz insurance quotes – NewSure Insurance Brokers
CGU insurance quotes – NewSure Insurance Brokers
iCare Insurance and Care NSW – NewSure Insurance Brokers

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We know that navigating the world of insurance can be complex and confusing. Our brokers compare the myriad of insurance options on the market for you, providing expert advice to implement your chosen plan.

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