All employers in NSW (except exempt employers) are required by law to have a workers compensation insurance policy.
An employer is a business (including an individual) that employs or hires workers on a full-time, part-time or casual basis, under an oral or written contract of service or apprenticeship.
In the event of a workplace injury or disease, the insurance policy will provide the worker with weekly benefits, medical and hospital expenses, rehabilitation services, certain personal items (eg. clothing and spectacles, if damaged in a work-related accident), and a lump sum payment for permanent impairment.