How are Workers Compensation premiums calculated?

The following factors are taken into consideration by GIO when calculating Workers Compensation Insurance premiums: Amount of wages paid by the business Industry type Number of employees Cost of previous workers compensation claims associated with the business

What are my workers compensation responsibilities as an employer?

As an employer, you must: have Workers Compensation Insurance be able to provide the name and address of your insurer, if asked prominently display at each workplace a summary of the Workers Rehabilitation and Compensation Act 1988 prominently display at each workplace details of your insurance coverage.

How do I pay for my Workers Compensation policy?

We provide several options for paying your Workers Compensation premiums , including online with your credit/debit card, BPAY, general mail, or by phone. The only exception is NSW; policy holders in this state need to pay for and renew their policies through icare Workers Insurance .

COVID-19 – Workers Compensation FAQs available
GIO has created Frequently Asked Questions to support our Workers Compensation customers to get back on track.

Find out more

Workers Compensation

Trusted by over 100,000 employers across Australia
Over 85 years experience in Workers Compensation Insurance
Speak with our Australian call centre

What is Workers Compensation insurance?

Workers Compensation Insurance is designed to cover the wages of your workers if they suffer a work-related injury. It is also intended to cover the medical expenses, treatment and rehabilitation costs.

Workers Compensation Insurance is compulsory in Australia and it is vital in keeping your business and employees secure in the event of a claim.

Get your Workers Compensation Insurance quote online now.

What does Workers Compensation insurance cover?

Covers

All employees who are deemed to work for you.
Usually covers anyone receiving a wage or commission payment, including casual and temporary employees, apprentices, trainees and some contractors.

Does not cover

Sole traders or a partner in a partnership (your workers may be covered but you personally are not and will need other insurance to protect yourself).

GIO's partnership with Qantas Business Rewards has now come to an end. Missing Qantas points?

Click here

GIO Workers Compensation OnDemand reporting tool

Find out more

Pay online

Fastest & easiest way to pay

Quick pay

Pay a new or existing policy

Pay all new policies and renewals
Receive email payment confirmation

Pay online now

Why should you choose GIO?

Get a quote and buy online

Comprehensive range of training courses and seminars

We have a Sydney-based call centre, ready to help

Leading personal injury claims management performance

Get your cover today

Get a quote online in under 3 minutes.

You can then buy online to get a certificate of currency.

View our Training Courses

Prevent workplace injuries and reduce associated costs.

Free or discounted for GIO Workers Compensation customers.

Find out more

Frequently asked questions
for Business Insurance

There are a number of factors taken into consideration by GIO when calculating Workers Compensation Insurance premiums, including a business’ industry type and number of employees.

Employers have a number of workers compensation responsibilities, including having Workers Compensation Insurance and, if asked, being able to provide the name and address of their insurer.

We provide several options for paying your Workers Compensation premiums, including conveniently online.

More Workers Compensation FAQs