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Workers Compensation: The Cost of Non Compliance

Workers Compensation: The Cost of Non Compliance

By Tracy Jardine
02/05/2016

If you don’t have workers’ compensation insurance in WA, your business will be liable for the cost of the benefits paid if one of your workers has a work related injury or industrial disease.

Costs could include:

  • in excess of $600,000 in benefits if a worker is injured
  • legal costs involved in court action
  • liability for the cost of any action taken at common law
  • fines of up to $5000 per worker
  • an amount equal to any avoided premiums going back five years
  • separate and further offences for every week you remain uninsured after the date of conviction.

Source: http://www.workcover.wa.gov.au/

Speak with your Austral Insurance Broker to ensure you are adequately covered, or if you have any questions about workers' compensation you need addressed. 

 

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