Do I need a policy?
Accident insurance policy
If you have a business in Queensland and employ workers, you are required to insure them against workplace accidents with WorkCover Queensland (s48, Workers’ Compensation and Rehabilitation Act 2003).
You cannot pay any of your own claim costs in Queensland.
There is no threshold that you must reach before insuring in Queensland. If anyone you employ meets the definition of a worker, then you must insure them within five days of commencing employment. You can take out your policy prior to employing workers provided you have all the necessary information.
Employers who are found to be uninsured may be subject to penalties for unpaid premium and any compensation costs.
Our accident insurance policy insures you against all statutory and damages claim costs in the event of a work-related injury to your workers. There are no limits or caps to the number of claims that can be made against your policy.
Employers who meet certain criteria can apply to the Workers’ Compensation Regulator to insure their own Queensland workers. These employers manage and pay their own statutory and common law claims. They are usually referred to as self-insurers. For further information about self-insurance licences, visit the Regulator at www.qcomp.com.au.
Household worker insurance
A household worker is a worker you employ in and about, or in connection with, a private dwelling or the grounds of the dwelling. If you employ a household worker, you are required to take out a Household workers' insurance policy to cover you against the costs of compensating a household worker who may be injured while working for you.
Our Household workers' insurance policy is $50 for a two year term. This is a set time frame where all policies have a common end date irrespective of when the policy is commenced. The premium is not pro-rated, however a reduction of the rate to $25 is applied if the time remaining to the common end date is less than 12 months.
Workplace personal injury insurance
Workplace personal injury insurance is an optional insurance and covers anyone deemed an eligible person under Section 23 of the Act. An eligible person, is an individual who, other than as a worker, receives remuneration or other benefit for performing work, or providing services as a contractor, a self employed individual, a director of a company, a partner of a partnership, a trustee or a trust. These persons can insure themselves by taking out this type of policy regardless of age or health.