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Paying your premium
Paying your premium is simple, flexible and easy to manage. Whether you’re taking out a new policy or renewing an existing one, you can choose the payment option that works best for you.
Insurance and premium
Support for when life gets tough
When life gets hard – whether with financial stress, health concerns or personal struggles – there’s help and support available.
It’s quick and easy to pay online
You can pay your premium online if you have:
- Accident Insurance
- Workplace Personal Injury Insurance
- Household Worker Insurance
How to pay online
- Log in to WorkCover Connect
You’ll need your username and password. Forgotten your login details? You can reset them securely online. - Click ‘Pay premium’
You’ll see it in the top left once you log in. - Pay or set up a payment plan
Follow the prompts to pay or set up a monthly interest-free payment plan.
For other payment options, refer to your premium notice or see the ‘You can choose how you pay’ section below.
What’s on your premium notice
You’ll pay GST and stamp duty on your premium.
Your premium notice will include:
- your assessed premium
- GST at 10% of your assessed premium
- stamp duty at 5% of your assessed premium (inclusive of GST).
You can view a breakdown of your premium in WorkCover Connect.
More about your accident insurance premium
Paying for a new policy
You can pay your premium when you take out your policy, either online or over the phone.
You can either:
- pay in full
- take advantage of an interest-free monthly payment plan.
Renewing your existing policy
You must renew your policy between 1 July and 30 September.
You can either:
- pay in full, or
- take advantage of an interest-free monthly payment plan.
Pay by 16 September to get early payment benefits
We’ll give you a 3% discount if you:
- tell us your wages by 31 August, and
- pay in full by 16 September.
This is also the last date to set up a payment plan.
30 September is the last day to pay to keep your cover and avoid penalties
If you don’t pay by 30 September, your cover will end.
If your payment is overdue:
- you may receive a late payment penalty
- your policy won’t cover you until you pay all overdue amounts (including penalties).
If a worker is injured when your premium hasn’t been paid, you could be responsible for their claim costs.
You can choose how you pay
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