Your Policy

As a large business, your company structure may mean that you have complex needs when it comes to managing your workers' compensation policy.
 
We will work with you and your advisor to understand your business structure and strategy and help make the management of your portfolio of policies as effective and efficient as possible.

Recommended premium rates are set and reviewed (usually on 30 June each year) by WorkCover WA. Insurers may load these rates by no more than 75% of the recommended rate unless permitted by WorkCover WA. The rates are published in a special government gazette available from the State Law Publisher.

If one of your workers has a work related injury or industrial disease and you are uninsured, you will be liable for the cost of that claim. You may also be liable for the cost of any damages awarded by a court. In addition, WorkCover WA may prosecute any uninsured employer, with fines payable of up to $5,000 in respect of each worker employed and impose penalties equal to the total of any insurance premiums avoided during the 5 years before the conviction. For further information, see the WorkCover WA website.

 

Under the terms of the policy we issue, you have certain policy and claims responsibilities to fulfil. It is important that you take the time to read your policy document so that you are aware of these obligations.

Your obligations include:

• providing estimated and actual wages declarations for each policy period you are insured with us
• maintaining proper wages records for every worker employed
• allowing inspection of your wages records by a duly authorised representative appointed by us
•  giving notice of any disability as soon as practicable

As an employer, you also have obligations when one of your employees is injured at work. For further information, see the claims section for employers