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insurance for small employers

You’re a small employer if you have a basic tariff premium (total wages x your industry rate) of $30,000 or less.

If you’re an employer who:

  • pays $7500 or less in annual wages
  • doesn't employ an apprentice or trainee
  • isn’t a member of a group for premium purposes

then you’re an exempt employer and don't need to take out a workers compensation policy.

impact of claims on your premium

Because you're a small business, your premium won’t be impacted as a result of a claim. This provides your business with greater premium stability.

However if you have a basic tariff premium of $30,000 or less and you’re a member of a group, then your employer category will be determined using the group basic tariff premium.  If the group basic tariff premium is greater than $30,000 your claims costs will impact your premium.

We also have a range of incentives and discounts to help your business pay its premiums.