Welcome to the Northern Territory Workers Compensation Scheme.
This short video will explain how insurance brokers
can help employers understand
and meet their workers compensation obligations
in the Northern Territory.
This is important to protect employers and injured workers.
Workers compensation insurance is mandatory for all employers
no matter the size or nature of their business.
For more guidance you may also like to watch our video
Workers compensation insurance - guide for employers.
Brokers are experts in insurance and risk management.
An insurance broker can help employers
by providing advice about workers compensation insurance
arranging and placing cover with an approved insurance company
and other related matters.
Brokers work on behalf of their clients to ensure employers protect their businesses
from the financial costs of workers compensation.
Before purchasing insurance a broker can assist employers to gather information about their business
to negotiate quotes from insurance companies
and to provide advice.
This involves several actions.
Identifying the employees main business activities
and associated risks and insurance needs .
Confirming how much the employer spends on wages for workers.
It's important that wages are accurate
and not under declared.
Providing employers with information and advice
to determine whether family members
working directors
contractors
and subcontractors should be considered as workers
thereby enabling them to be covered for workers compensation insurance.
When purchasing insurance a broker can compare pricing and claimed service.
A broker should ensure employers understand how an insurer has calculated a premium
policy provisions and conditions
and how and when a premium will be paid.
When a policy of insurance is purchased or renewed
the insurer or broker must issue a certificate of currency.
A broker should ensure employers have a current workers compensation policy.
Employers need a workers compensation insurance policy to cover all workers they employ.
There is confusion by employers that people with an ABN are contractors
and do not need to be covered
this is often not the case.
It's easy to work out if a person is an employee or contractor.
Employers should use the employee contractor decision tool
on the Australian Taxation Office website.
It takes only a few minutes to find out.
Employees for PAYG tax purposes
must be covered for workers compensation
even if PAYG tax is not being withheld.
Policies must be renewed before there is a break in cover.
Brokers are best placed to support employers by attending properly
to unintended policy lapses
cancellations or the transfer of insurance to a different insurer.
Any gap in workers compensation insurance will expose an employer to a penalty
including an infringement notice
and prosecution.
Brokers can also help employers meet the statutory timeframes
for lodging workers compensation claims
and understand their related obligations.
Employers sometimes lodge claims directly with insurers
and other times via a broker.
A broker should make sure an employer knows they must
send claims to the insurer within three working days of receiving a claim from the worker
If an insurer does not make a decision within 10 working days
of the employer receiving the claim
it is deemed accepted.
Keep in mind that statutory timeframes remain the same
even when claims a lodged via a broker on behalf of an employer.
Employers must develop a proposal for a return to work plan
as soon as they identify an injured worker will be off work for more than 28 days
have an obligation to try to provide injured workers with suitable employment.
Prevention of injury is a legal obligation under work health safety laws
but will also save employers time
money and lost productivity.
Small businesses can get free help to manage workplace safety from the NT WorkSafe
Small Business Safety Program.
When reviewing the insurance requirements of a business
don't forget to check if workers compensation is needed.
If the employer is based interstate
special attention must be given to whether they need a
Northern Territory workers compensation insurance policy.
Be familiar with cross-border guidance material.
Contact NT WorkSafe if you are not sure.
When assisting employers it is critical that the business activities
and the employers declaration of workers are accurately represented.
The legislation sets a maximum of 28 days after a policy renews or expires
for the employer to supply the insurer with the declaration
of the actual remuneration paid to workers in the policy period.
It's an offence if the employer does not comply.
The code of practice for insurance brokers developed
by the National Insurance Brokers Association
also known as NIBA
outlines the expected professional standards for brokers related to workers compensation.
NIBA is continuously working to develop educational resources for brokers.
Keep an eye on the NT WorkSafe and NIBA websites for new resources
Further information and help are available.
If you have any questions contact NT WorkSafe
who can assist you.
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