When and how can I cancel my workers compensation insurance policy? Will a workers compensation policy cover voluntary workers or work experience students? Can a sole trader or partnership take out workers compensation insurance for themselves? Is it imperative for a Pty Ltd company to take out workers compensation insurance? If there is an accident at my workplace, will my workers compensation premium be affected? Can you explain domestic workers compensation and indicate which insurance companies are licensed to issue such policies? If I engage ONLY contractors, do I need a workers compensation policy? How do I distinguish between an employee and contractor? What do I include as wages on the Wages Declaration Form for the premium assessment? In what cases will WorkCover approve a period other than twelve (12) months for workers compensation insurance policies? For how long is a workers compensation insurance policy issued? How are workers compensation premiums calculated and how are they paid? Which insurance Agents operate in the NSW Workers Compensation Scheme? What is compulsory workers compensation insurance and when is it required? What are F factors? Why was the late payment fee reduced? Are the grouping provisions being implemented? What protection is there from increased premiums if I'm a small employer? Will the reduction in the late payment fee affect my current overdue premium? Last year, WorkCover reduced premium rates to offset the expanded definition of wages. Is this reduction still in place for 2004/05? My base premium (WIC) rate is capped at 15 percent – will it increase next year? What is the new rate for late payment fees? Why are premiums increasing when there have been recent reforms to workers compensation? Why has a minimum premium policy increased so much? How will the change in F factors impact my premium? What is the cost of a minimum premium policy? Why are the F factors so high?

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