Workers Compensation Australia
What is Workers Compensation Insurance?
Workers compensation insurance provides protection to workers if they suffer a work-related injury or disease and is compulsory for all employers in NSW, unless you’re an ‘exempt employer’.
Workers compensation policies will insure your business against the cost of supporting your injured worker and may include:
- weekly compensation benefits
- medical and hospital expenses
- rehabilitation services
- certain personal items (such as spectacles)
- lump sum payment for death or permanent impairment.
In NSW, icare workers insurance manages NSW workers compensation policies.