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Insurance and premiums 

The NSW Workers Compensation Scheme provides protection to workers and their employers in the event of a work-related injury or disease. The aim of the scheme is to maintain a financially viable workers compensation system that is fair and affordable for employers and improves outcomes for injured workers.

The scheme is funded through the premiums paid by employers and provides medical and financial support to injured workers.

The premium paid will depend on the: 

  • industry in which you operate 
  • amount of wages paid to your workers 
  • costs of any claims made by your injured workers and 
  • dust diseases levy.


In the event of a workplace injury or disease, a workers compensation insurance policy will ensure that an employer is covered for the costs of all benefits due to the injured worker. Injured workers may have an entitlement through the workers compensation system to:

  • weekly payments
  • lump sum payments for permanent impairment (and pain and suffering where applicable)
  • payment of medical and hospital expenses and
  • rehabilitation assistance.


You can take out a workers compensation policy by contacting a WorkCover-appointed insurer (Scheme Agent).

The workers compensation system operates under the Workers Compensation Act 1987 and the Workplace Injury Management and Workers Compensation Act 1998 and associated Regulations. For further information go to Law and policy.


Call 13 10 50 for more information about insurance and premiums.
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