Workers Compensation NSW – Changes to Benefits 29/10/2015

Following on from the recent restructure of the Workers Compensation system in NSW, changes are being introduced to benefits for injured workers.  The reforms taking effect from 16 October 2015 are summarised below.

 

  • Lump sum compensation amount increased for permanent impairment increased from $220,000 to $577,050

  • Death benefit lump sum increased from $528,400 to $750,000

  • Maximum for funeral expenses increased form $9,000 to $15,000

  • Weekly payments beyond retiring age

 

For further information about these reforms, please use this link http://insurancereforms.nsw.gov.au/ and http://www.workcover.nsw.gov.au (the latter remaining current while the new website is being built)

Please note that you are about to leave our website and enter the MBAIS quoting system.

Please note that you are about to leave this website and enter a site operated by CGU. Any reference to 'us', 'we' and 'our' is a reference to CGU.

Please note that you are about to leave this website and enter a site operated by QBE. Any reference to 'us', 'we' and 'our' is a reference to QBE.

When you proceed with the TAL online quote & buy facility we will not be acting on your behalf as an insurance adviser normally would.

We will in fact be acting as an agent of the insurer. Should you prefer to utilise the full services of an insurance adviser please contact our office directly.

Please note that you are about to leave this website and enter a site operated by Go Protect. Any reference to 'us', 'we' and 'our' is a reference to Go Protect.

You will be redirected in 5 seconds.

Please note that you are about to leave this website and enter a site operated by Wheeler Insurances. Any reference to 'us', 'we' and 'our' is a reference to Wheeler Insurances.

×