Workers Compensation
Insurance

Secure Your Team's Wellbeing

Your employees are the backbone of your business, and their well-being is crucial to its success. Unfortunately, workplace accidents can happen, leaving your employees unable to work and impacting your bottom line. This is where Workers Compensation Insurance comes in. It's a safety net that provides financial protection for your employees and your business by covering medical expenses, lost wages, and other costs associated with a work-related injury.

In Australia, Workers Compensation Insurance is a legal requirement for businesses with employees, making it an essential part of your business insurance portfolio.

Workers compensation insurance Brisbane

What does Workers Compensation cover?

Medical Expenses
Workers Compensation Insurance may cover the cost of medical treatment required for a work-related injury. This can include hospital bills, doctor's fees, medication costs, and other medical expenses.

Rehabilitation Costs
This insurance may also cover rehabilitation costs for injured employees. This may include physiotherapy, occupational therapy, or other treatments needed to help an employee recover from an injury.

Lost Wages
Workers Compensation Insurance may provide wage replacement benefits to employees who are unable to work due to a work-related injury. This benefit helps to ease the financial burden on employees and ensures that they can continue to support themselves and their families.

Death Benefits
In the unfortunate event that an employee dies as a result of a work-related injury, Workers Compensation Insurance may provide benefits to their dependents. This includes funeral expenses, lump-sum payments, and ongoing financial support.

Legal Costs
If an employee makes a claim against your business, Workers Compensation Insurance may cover the cost of legal representation and other legal expenses associated with defending the claim.

Why do I need Workers Compensation Insurance?

Workers Compensation Insurance is a legal requirement in Australia for businesses with employees. As an employer, you have a duty of care to provide a safe working environment for your employees. However, accidents can still occur, and the cost of medical treatment, rehabilitation, and lost wages can be substantial. Workers Compensation Insurance provides you with the protection and financial security you need to ensure your employees are taken care of in the event of an accident.

Who is Workers Compensation Insurance for?

Workers Compensation Insurance is relevant for businesses of all sizes, from small businesses with only a few employees to large corporations with a substantial workforce. If you have employees, you need Workers Compensation Insurance to protect both your employees and your business. It's important to note that workers compensation requirements vary from state-to-state in Australia, so it's best to speak to a trusted advisor about what you need for your specific business.

Enquire about Workers Compensation Insurance today!

Vie General Insurance Pty Ltd is an authorised representative of GI Insurance Brokers Pty Ltd. ABN 26 638 733 070, AFSL No. 521808. We trade as Vie General Insurance Pty Ltd (ASIC AR Number 001294319).

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