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What does a workers compensation policy cover?

Here are the key things a workers comp policy in NSW covers.

A workers compensation policy typically covers the following:

  • Medical Expenses: Costs for treatment related to the work injury or illness.
  • Income Replacement: Weekly payments to compensate for lost wages due to the injury.
  • Rehabilitation Services: Support for physical and psychological recovery, including workplace rehabilitation.
  • Return to Work (RTW) Programs: Assistance in getting the injured employee back to work.
  • Lump Sum Payments: Compensation for permanent impairment or serious injury.
  • Death Benefits: Support for dependents in the event of a work-related fatality.

Each policy may vary slightly depending on the specifics of the insurer and the state's regulations.