You will need to obtain workers' compensation insurance if you are a Queensland business that employs people. Workers' compensation insurance covers workers against work-related injury or illness. A business must take out an accident insurance policy within 5 business days after employing people.
The majority of Queensland employers get their workers' compensation insurance through WorkCover Queensland. While you continue to employ workers, you will need to renew your policy with WorkCover each year. WorkCover will contact you each July when your policy is due for renewal.
