Workers' Compensation Insurance

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Workers' Compensation Insurance

A workers' compensation policy is compulsory for organisations that have paid employees and volunteers. It covers expenses such as wages and medical bills if a person is injured at work.

It is your organisation's responsibility as an employer not only to have workers' compensation insurance, but also to maintain a safe workplace* and protect you, your workers and contractors from financial hardship in the event of a workplace injury.

*Directors and officers or any organisation are obliged to undertake due diligence to ensure that their organisations are compliant.  The introduction of a the concept of “Person Conducting the Business or Undertaking” (PCBU), and the expansion of the definition of ‘worker’, have increased the obligations of employers. A PCBU is explicitly responsible for the health and safety of its own employees, and other workers, including contractors, sub-contractors, and their employees.

Directors and officers are obliged to have a sound working knowledge of WHS matters and how they apply in practice to their organisations.