Workers compensation for self-employed?
Workers' compensation protects an employee if they suffer an injury or illness in the workplace and covers costs such as:
- Weekly benefits
- Medical and hospital expenses
- Rehabilitation expenses
- A lump sum payment for death or permanent disability
Self-employed workers don't qualify for workers' compensation in Australia. To be eligible for workers' compensation, you must be in a contract of employment with another person or company. It's the employer who is required by law to take out insurance on behalf of their employees. Because you work for yourself and are your own employer, you're not eligible for workers' compensation, which is why having income protection insurance is so important.
if going overseas had an accident while over there and have income protection will this cover me when I get back
Hi Lana,
Thanks for your message and for visiting finder – the leading comparison website & general information service built to give you advice in your buying decision needs. How are you doing today?
Based on income protection insurance, illnesses and hospitalization are covered. You’d need to refer back to the insurance provider on how to claim and what documents are required.
Hope this helps! Feel free to message us anytime should you have further questions.
Cheers,
Nikki