Workers compensation insurance for your business
Workers compensation insurance ensures that your business is covered for the costs that might follow a workplace related injury or disease. These costs can include weekly and lump sum payments, medical, hospital and rehabilitation expenses, and return to work costs.
Do I need insurance
All employers in NSW (except exempt employers) must have a workers compensation policy. An employer is any business that employs or hires full-time, part-time or casual workers under an oral or written contract.
Taking out a policy
If you have determined that you do need a workers compensation insurance policy, you need to contact one of our insurance agents who will help you take out a policy and advise you of your premium.
Who to insure
Information on sole traders and partnerships, insurance for small employers, insurance for medium and large employers, cross border arrangements, principal contractor issues, and the workers status service.
Businesses that are 'related' and have combined annual wages of more than $750,000 must group their insurance policies. You can continue to have separate policies, but as part of a group you must insure with the same insurance agent and have a common renewal date for your policies.
Information on the premium reforms to medium and large businesses and how they may effect you.