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.
The policy must cover all workers, at all times.
Some people are ‘deemed’ to be workers for workers compensation purposes.
Deemed workers (outworkers, taxi drivers and some contractors) must also be covered by a workers compensation policy.
Call 13 10 50 for more information about policies.