Workers’ compensation insurance is compulsory for all employers in all states and territories in Australia. It provides protection for workers if they suffer a work-related injury or disease. Any business employing or hiring full-time, part-time or casual workers is bound by law to have workers’ compensation insurance that covers all of these employees. The insurance covers workers who are under a written or oral agreement or contract, apprentices, trainees, and work experience students. If an employee dies or is permanently impaired as a result of their work, they may be eligible for a lump-sum payment. Workers’ compensation includes payments to workers to cover:
- Their wages during the period they are not fit for work
- Their medical expenses and their rehabilitation
Employers also must have workers’ compensation insurance to cover themselves. If you’ve suffered a workplace injury or illness, call PK Simpson today for advice.