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Applicable to all employers, this claim excess is the equivalent of one week of the injured worker’s weekly entitlement to compensation benefits.
In NSW, it is compulsory to have workers compensation if you engage workers (or contractors deemed to be workers) and pay more than $7,500 a year in wages, you engage apprentices or trainees, or you’re a member of a Group for workers compensation purposes.
GIO is an agent appointed by icare to deliver workers compensation claims management services to employers and workers in NSW.
In NSW, a worker for workers compensation purposes is 'a person who has entered into or works under a contract of service or a training contract with an employer…'.
We’ve put together a step by step guide to help you know what to do with an injury occurs – click the link below to find out more.
If your claim meets the criteria and is accepted, you’re obliged to pay compensation to the injured worker at the current weekly wage (award) rate.
Once notified of a claim, GIO has seven days to commence provisional liability payments. In some cases, however, GIO may have a “reasonable excuse” not to commence provisional liability payments within this timeframe.