What is Workers' Compensation (Business Pack) | Insurance glossary by upcover

Workers' compensation is a compulsory insurance scheme in Australia. Each state and territory runs its own scheme, such as icare in New South Wales or WorkSafe in Victoria. Employers must register with the relevant scheme to cover staff for workplace injury and illness. It pays no-fault benefits, including medical costs, lost income, and rehabilitation.

Related Terms

Employers Liability Insurance

Third-Party Employment Practices Claim (EPL)

Employee (EPL)

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Related Term

Employers Liability Insurance

Third-Party Employment Practices Claim (EPL)

Employee (EPL)

All Category

Financial

Legal

Insurance Documents

Fundraising

Employment

Policy

Risk Management

E&O

D&O

Commercial Insurance

Cyber

Compliance

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