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Writer's pictureAlex Orfanos

Understanding a Certificate of Currency - QLD Employers

A Certificate of Currency in QLD serves as proof of a businesses Workers’ Compensation insurance compliance.


Understanding a Certificate of Currency for QLD Employers
Understanding a Certificate of Currency QLD Employers


If you’re preparing to hire your first employee in Queensland, it’s crucial to understand the Workers’ Compensation and Rehabilitation Act 2003. This Act establishes a workers’ compensation scheme for Queensland, providing benefits for workers who sustain injury in their employment, for dependants if a worker’s injury results in the worker’s death, and encouraging improved health and safety performance by employers.


One of the key requirements of this Act is that employers must obtain Workers’ Compensation insurance. This insurance policy provides coverage in the event that an employee suffers a work-related injury or illness. If you’re an employer in Queensland, you’ll be looking to take out an Accident Insurance Policy.


The Certificate of Currency is your proof of compliance with this obligation. Issued by WorkCover Queensland, it details your insurance policy. But it’s more than just a legal document - it’s a testament to your commitment to your workers’ safety and well-being.


The Certificate of Currency is not just about compliance. It’s about creating a safe and secure work environment. It’s a reflection of your dedication to not only the success of your business but also the welfare of your workers.


So, before you hire your first worker, ensure your Certificate of Currency is in place. If you need professional assistance, don’t hesitate to contact Employers Comp. You can either call us directly or schedule a callback at your convenience. We’re here to help you navigate this significant step in your business journey.

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