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  • Home
  • About
  • Products & Services
    • Commercial Insurance
      • Aviation Insurance
      • Business Insurance
      • Business Interruption Insurance
      • Contract Works Insurance
      • Corporate Travel Insurance
      • Cyber Protection Insurance
      • Event Insurance
      • Farm Insurance
      • Marine Transit Insurance
      • Motor Insurance
      • Strata Insurance
      • Workers Compensation Insurance
    • Professional Risks
      • Management Liability Insurance
      • Professional Indemnity Insurance
      • Public and Product Liability Insurance
    • Personal and Domestic
      • Home and Contents Insurance
      • Landlord Insurance
      • Cyber Insurance for Families
  • Resources
    • Home and Contents Quote
    • Motor Quote Request
    • Landlord Insurance Quote Request
    • Notify a Claim
    • Residential Insurance Calculators
    • Financial Services Guide
    • Privacy Policy
    • Underinsurance
  • News
  • Contact

Workers Compensation Insurance

What is Workers Compensation Insurance?

If you’re a business owner, it’s easy to assume that accidents won’t happen at your workplace. But the statistics say otherwise.

Employers are required by law to take steps to ensure their workplaces are safe. This includes having workers’ compensation insurance for all their employees.

Who should consider it?

Workers’ compensation insurance is compulsory for all employers in every state and territory in Australia. Each state or territory has its own workers’ compensation scheme, run by independent regulators, with rules differing slightly between each jurisdiction.

The Australian Safety Transport Bureau, 2018

The accident and fatal accident rates for general and recreational aviation reflect the higher-risk operational activity when compared to air transport operations. They also reflect the significant growth in recreational aviation activity over the last ten years.

Did you know?

140,770

In the 2015-16 financial year, there were 104,770 serious worker’s compensation claims in Australian Workplaces

(Safe Work Australia, Key Work Health and Safety Statistics Australia, 2017)

$61.8B

$61.8 billion is the cost of work-related injury and disease to the Australian economy

(Safe Work Australia, Key Work Health and Safety Statistics Australia, 2017)

$10,800

$10,800 Median compensation paid per claim

(Safe Work Australia, Key Work Health and Safety Statistics Australia, 2017)

Looking for Commercial & Domestic Insurance

Beyond Insurance can help you better identify the risks to your business and provide the most appropriate insurance cover.

Get in touch with us!

Contact us

info@beyondinsurance.com.au

03 9958 3870

Level 1, 683 Burke Road, Camberwell, VIC 3124

PO Box 310, Camberwell VIC 3124

Beyond Insurance Group

ABN 19 167 227 170

CAR No. 001279205

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Beyond Insurance Group Pty Ltd is a Corporate Authorised Representative (CAR No. 001247437) of McLardy McShane Partners Pty Ltd AFSL No. 232987, ABN 14 064 465 309.

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