Workers’ Compensation Insurance for Strata Companies
Employees of a strata company who are injured or suffer an illness due to their work can seek compensation for lost earnings, medical expenses, rehabilitation and other associated costs as outlined by the Workers Compensation and Injury Management Act 1981 (Act).
If your strata company employs someone to assist with building operations including contractors and sub-contractors, the strata company must have a workers’ compensation policy.
Find Out If You Need Workers’ Compensation Insurance
A person who is defined as a strata ‘worker’ by law doesn’t always look the same as a standard employee or contractor, for example, a caretaker who works on behalf of the strata is considered a strata worker, and even a member of the strata company who gets a reduction in fees for taking out the bins or doing other related tasks. Ensuring you have a plan that covers everyone is important.
If you’re unsure whether you need workers’ compensation insurance for your strata company, our strata specialists can help. We review your strata property requirements to ensure you comply with the state law and are fully covered for any accidents.
