Employers - VIC - Workers Compensation Insurance | QBE Insurance Australia
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Employers

Workers Compensation Insurance

Who needs a WorkCover insurance policy?

It is compulsory for employers in Victoria to take out a WorkCover Insurance policy if:

  • the annual total remuneration you pay as an employer per financial year (including superannuation) is likely to exceed $7,500; or
  • if you pay remuneration below $7,500 but employ an apprentice under an approved government scheme; or
  • if you pay remuneration below $7,500 and an employee lodges a WorkCover claim.

If you do not take out a policy, penalties could apply, plus reimbursement of any claim costs, and 200% penalty of each year's premium.

If you are unclear about your requirements for a workers compensation insurance policy, please contact us on 1800 817 820 or visit WorkSafe Victoria.

Obtaining a quote

If you would like a workers compensation insurance quote, please contact QBE Policy Services direct on 1800 817 820.

Electronic banking available for Victorian employers

You now have the option of having reimbursements for workplace injury compensation payments sent directly to your business' bank account. This provides you with quicker access to payments, greater efficiency and less administrative headaches.

The option to receive cheque reimbursements from the Victorian WorkCover authority is also available.

How to register

To access this direct payment option, simply apply using the Direct Payments - Employers Application Form available from WorkSafe Victoria.

Employers with business in more than one state

If you are a national or corporate employer with workers compensation business in more than one state, the QBE Key Accounts Team is your one-stop shop.

Check out our key accounts unit page for more information: