Workers Compensation Insurance – a must have.
It varies by state… and is complicated
All workers’ compensation insurance is managed by WorkCover Queensland (www.worksafe.qld.gov.au).
All workers’ compensation insurance policies are managed by Return to Work SA (www.rtwsa.com).
All workers’ compensation insurance policies are managed by i-care (www.icare.nsw.gov.au).
Victorian workers’ compensation policies are a state managed scheme with 5 authorised insurers. To find out more visit: www.worksafe.vic.gov.au
Western Australia, Northern Territory, Australian Capital Territory and Tasmania are all underwritten by Insurers and we can certainly help you organise this insurance.
In these states, it becomes complicated fast depending upon your industry, type and size of organisation. Oracle Group has extensive experience in those states and across all industry types.
Tailored insurance to reflect your business
Mandatory insurance cover that provides financial assistance when one of your employees sustains a work-related illness or injury.
It is important to note that it is complex and that there are significant penalties and costs for any employer that does not have it. Over and above the statutory obligations that employers still have to fulfil.
Workers Compensation Insurance provides payment to employees that suffer a work-related illness or injury for the following:
- Medical expenses
- Rehabilitation expenses
- Wages and entitlements whilst not at work
All businesses and organisations that employ workers.
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