Workers compensation insurance is a legal requirement to protect your business from financial costs if a worker sustains a work-related injury. It also protects injured workers by providing income compensation payments to cover loss of earnings, payment of reasonable medical and health expenses, and other entitlements.
Find out more about workers compensation employer obligations.
Still have questions? Contact our Advice and Assistance Service on 1300 794 744.
The Western Australian scheme is privately underwritten, meaning policies are issued by WorkCover WA licensed insurers.
See our list of licensed insurers for who you can contact to receive a premium quote.
You will receive a Certificate of Currency upon obtaining coverage, specifying the insured entity and the coverage period.
You can use the services of an insurance broker to negotiate with an insurer on your behalf. WorkCover WA’s Insurance Brokers Principles and Standards of Practice describe what you can expect when dealing with a workers compensation insurance broker, and the responsibilities of each party throughout the process.
Business insurance packs typically do not include workers compensation insurance, and public liability insurance does not cover workers compensation claims.
Workers compensation insurance is a separate category of insurance you must obtain from a licensed insurer.
Check your Certificate of Currency to confirm you have valid workers compensation insurance.
It is your responsibility to maintain a current policy of workers compensation insurance.
Unlike other insurances, workers compensation insurance does not automatically renew. Each year, you need to provide your insurer with a remuneration statement and confirm renewal of your policy if you are satisfied with the terms and premium payable.
Remember to keep your contact information up to date with your insurer so you do not miss any renewal correspondence.
You may need to cancel your workers compensation insurance policy before its expiry. To do so, contact your insurer with the request to cancel your policy. They will then seek approval from WorkCover WA.
The insurer will require you to provide a completed Workers Compensation Policy Cancellation Request Form.
For more information see the Policy and Coverage Cancellation Guidelines.
