Workers Compensation Insurance is compulsory for employers in all states and territories within Australia that provides compensation for an employee(s) in the event of an injury in the course of their employment.
This document discusses various roles involved in the insurance industry, including bancassurance companies, reinsurers, agents, corporate agents, brokers, surveyors and loss assessors, third party administrators (TPAs), and lawyers. It provides details on the functions and benefits of each role. For example, it explains that agents help promote and sell insurance products to customers, while brokers represent the interests of the insured to help them identify the best risk solutions and negotiate terms with underwriters. Reinsurers take on some of the risks from insurance companies, and surveyors and loss assessors provide an unbiased assessment of claims to help facilitate the claims process.
Sycamore.US provides a comprehensive benefits package to its full-time employees including fully paid medical, dental, vision, life insurance, and disability coverage. They also offer a 401k matching program, education assistance up to $4,000 per year, paid time off, and various other benefits such as flexible hours and quarterly social events for employees and their families. Sycamore aims to offer one of the best benefits packages in the industry to attract and retain top talent.
Employer employee insurance allows companies to purchase life insurance policies on their employees. This provides financial support to the employee's family if the employee dies suddenly. It benefits both employees and employers. For employees, it offers financial security and income for their families or retirement. Employers benefit from increased employee loyalty and reduced costs of replacing employees. All individual insurance plans are allowed under employer employee insurance. The maximum insurance amount depends on the employee's age and income. Employers can insure employees as long as the employee's ownership in the company is less than 5%. Premiums paid by employers are treated as a tax deductible business expense.
This document discusses different types of insurance including health insurance, unemployment insurance, and group insurance. It provides details on health insurance covering income replacement and medical expenses. Unemployment insurance covers contingencies like unemployment and old age. Group insurance protects employees during their working years and childbearing and helps ensure loyalty and good employee relations. It describes various group insurance types, considerations for selection, inception, assurance, premium payment, and claims settlement.
Employer-provided insurance is a valuable part of an employee's compensation package. Such plans are taken out by the employer to provide additional benefits to employees and help retain experienced staff. The plans provide workers with long and short-term security against death, illness, accidents, and a sense of financial security in retirement. Employees benefit from tax-free payouts from the plans. Under Scheme B, the employer is the policy owner and employee is the insured. The employer can assign benefits to another employee upon the original employee's retirement or resignation.
The document provides tax advice relating to a long term employee reward program involving life insurance policies. Key points:
- Employers can claim a tax deduction for premiums paid as a business expense. Premium payments are not taxable to the employer.
- Employees are not taxed on premiums paid during the policy lock-in period, as they have no legal rights to the policy.
- After the lock-in period ends and the policy is assigned, the surrender value would be taxed as a perquisite to the employee.
- Policy proceeds are generally tax exempt for the employee under section 10(10D), subject to certain conditions.
This document discusses employee-employer insurance and the benefits it provides. It notes that providing insurance to selective employees can reward good performers and provide tax benefits to both the company and employees. The insurance gives death benefits to an employee's family, increasing their sense of security and loyalty to the company. It also improves the company's image while allowing them to deduct premiums as a business expense. Requirements for this type of insurance include forms documenting the policy and reasons for providing coverage.
The document discusses an employer-employee insurance scheme. The scheme provides life insurance for employees to offer benefits and security. It gives employers an incentive to retain experienced workers and reimburse costs of training new employees. Premiums paid by the employer are tax deductible for the business. The scheme requires board approval, power of attorney, individual employee insurance proposals based on medical exams, and timely premium payments.
This document discusses various roles involved in the insurance industry, including bancassurance companies, reinsurers, agents, corporate agents, brokers, surveyors and loss assessors, third party administrators (TPAs), and lawyers. It provides details on the functions and benefits of each role. For example, it explains that agents help promote and sell insurance products to customers, while brokers represent the interests of the insured to help them identify the best risk solutions and negotiate terms with underwriters. Reinsurers take on some of the risks from insurance companies, and surveyors and loss assessors provide an unbiased assessment of claims to help facilitate the claims process.
Sycamore.US provides a comprehensive benefits package to its full-time employees including fully paid medical, dental, vision, life insurance, and disability coverage. They also offer a 401k matching program, education assistance up to $4,000 per year, paid time off, and various other benefits such as flexible hours and quarterly social events for employees and their families. Sycamore aims to offer one of the best benefits packages in the industry to attract and retain top talent.
Employer employee insurance allows companies to purchase life insurance policies on their employees. This provides financial support to the employee's family if the employee dies suddenly. It benefits both employees and employers. For employees, it offers financial security and income for their families or retirement. Employers benefit from increased employee loyalty and reduced costs of replacing employees. All individual insurance plans are allowed under employer employee insurance. The maximum insurance amount depends on the employee's age and income. Employers can insure employees as long as the employee's ownership in the company is less than 5%. Premiums paid by employers are treated as a tax deductible business expense.
This document discusses different types of insurance including health insurance, unemployment insurance, and group insurance. It provides details on health insurance covering income replacement and medical expenses. Unemployment insurance covers contingencies like unemployment and old age. Group insurance protects employees during their working years and childbearing and helps ensure loyalty and good employee relations. It describes various group insurance types, considerations for selection, inception, assurance, premium payment, and claims settlement.
Employer-provided insurance is a valuable part of an employee's compensation package. Such plans are taken out by the employer to provide additional benefits to employees and help retain experienced staff. The plans provide workers with long and short-term security against death, illness, accidents, and a sense of financial security in retirement. Employees benefit from tax-free payouts from the plans. Under Scheme B, the employer is the policy owner and employee is the insured. The employer can assign benefits to another employee upon the original employee's retirement or resignation.
The document provides tax advice relating to a long term employee reward program involving life insurance policies. Key points:
- Employers can claim a tax deduction for premiums paid as a business expense. Premium payments are not taxable to the employer.
- Employees are not taxed on premiums paid during the policy lock-in period, as they have no legal rights to the policy.
- After the lock-in period ends and the policy is assigned, the surrender value would be taxed as a perquisite to the employee.
- Policy proceeds are generally tax exempt for the employee under section 10(10D), subject to certain conditions.
This document discusses employee-employer insurance and the benefits it provides. It notes that providing insurance to selective employees can reward good performers and provide tax benefits to both the company and employees. The insurance gives death benefits to an employee's family, increasing their sense of security and loyalty to the company. It also improves the company's image while allowing them to deduct premiums as a business expense. Requirements for this type of insurance include forms documenting the policy and reasons for providing coverage.
The document discusses an employer-employee insurance scheme. The scheme provides life insurance for employees to offer benefits and security. It gives employers an incentive to retain experienced workers and reimburse costs of training new employees. Premiums paid by the employer are tax deductible for the business. The scheme requires board approval, power of attorney, individual employee insurance proposals based on medical exams, and timely premium payments.
Accident & Health International is an underwriting agency that provides personal accident, medical, and travel insurance. It has been in operation since 1998 and underwrites policies on behalf of CGU. It offers a range of products including corporate and leisure travel insurance, kidnap and ransom insurance, expatriate and inpatriate medical expenses, and various personal accident covers. The agency aims to provide the right insurance coverage and excellent customer service, with claims and underwriting staff working closely together. It promises a 48-hour turnaround on quotes, claims responses, and support for brokers and customers.
The document summarizes the key features of the Jeevan Saral plan, an employer-employee insurance scheme. It provides equal life insurance coverage and premium rates for all employee ages. Benefits include higher coverage amounts, liquidity options after 3 years, flexibility, tax benefits for employers and employees, and maturity/death benefits that are usually tax-free. Employers like sole proprietors, partnership firms, bodies corporate, and companies can purchase these policies for their employees.
This certificate provides details of a personal accident insurance policy for Antoinetta Colucci, a member of Duck for Cover Enterprises. The policy covers Colucci for injuries sustained while performing face painting, teaching workshops, or rehearsing her act. The policy is valid from August 10, 2016 to August 12, 2017. It provides a maximum payment of $50,000 for death or disabilities and pays 85% of Colucci's weekly salary up to $600 per week for temporary total disabilities. The policy covers performances in Australia and is issued by Accident & Health International Underwriting Pty Ltd.
In every Organization there are a Few Key Persons who Run the Show.They are the Pillars of the company.
Any unfortunate event such as a Sudden Death of a Key Personnel may result in Temporary set back to the company.Every Organization requires Protection against Financial Loss such as liability, Recruitment Cost, Training Cost etc., if such event takes place.
Key man insurance is also known as Business Continuity Plan
Disability insurance provides income benefits if a person is unable to work due to illness or injury. There are two main types: short-term disability has a maximum benefit period of up to two years, while long-term disability has a maximum period ranging from a few years to life. Coverage can be for inability to work in your own occupation or any occupation. Most plans do not cover disabilities from drug abuse, suicide attempts, war or crimes. Protection features include policies being noncancelable or guaranteed renewable.
If someone is injured at work, or they become sick because of their work, it should be reported to the employer within 24 hours and the worker should seek immediate medical attention.
Rowena offers personalized insurance services including life insurance, income protection, and business expense insurance. She has a Bachelor of Commerce degree and diploma in financial services. Rowena has worked in financial services since 1992 and is committed to building long-term relationships with clients to provide the best professional advice for managing their wealth protection strategies.
Allstate Workplace Division offers individual and group voluntary workplace insurance products through its subsidiary American Heritage Life Insurance. It has over 20,000 existing workplace accounts and is highly rated for financial strength. It is one of the largest insurers in the US with over $130 billion in assets and has been in business since 1931. It provides a comprehensive portfolio of supplemental insurance options for employers and employees.
The document discusses career opportunities as an insurance agent with Farmers Insurance. It provides details on Farmers Insurance as a company, the benefits of being an independent agent with Farmers, and their training and commission programs for new agents. Farmers offers various pathways such as reserve business builder or career agent, as well as subsidies and recognition programs to help agents build their book of business.
An insurance broker conducts risk analyses to recommend appropriate insurance coverage to protect clients' assets and liabilities. They recommend financially sound insurers and provide support to clients during claims processes. Brokers are paid commissions ranging from 5-22.5% by insurers and may charge additional broker fees that depend on the type of insurance. As required by law, brokers provide clients a Financial Services Guide describing services, charges, and complaint processes.
5 Reasons Hired-In Plant & Machinery Insurance is a better option that Damage...Amanda Smith
When hiring plant or machinery, it’s important to understand whether the hire agreement is going to provide cover in the event of any damage to the hired items. The hire agreement should outline the terms and conditions of the hire including what your responsibility is as the ‘hiree’ in the event of loss or damage to the item.
Some hire contracts may provide a damage waiver. This means you pay an additional fee to cover the item whilst on hire. However, many damage waivers provide limited cover, eg Fire & Theft only with no cover for damage whilst the item is in use and some even exclude theft.
Four experts in risk mitigation and financial strategy give their key steps and approach to managing risk. Presented as part of Rising Tides Alliance Business Networking Group
Management Liability Insurance is a comprehensive insurance product that combines Directors and Officers Liability Insurance with other policies to provide broad coverage for management. It protects against risks like legal liabilities, employment disputes, fraud, investigations, and crisis events. The policy is tailored for private companies and their directors. It requires continuous coverage to ensure circumstances known during a policy period are still covered if they lead to future claims.
The document discusses the importance of personal insurance including life insurance, income protection insurance, total and permanent disability insurance, trauma insurance, and business expense insurance. It notes that most Australians do not have enough insurance to protect their income or lifestyle in case of death, injury, or illness. The document provides an overview of different types of personal insurance and recommends speaking to a William Buck advisor to determine how much insurance is needed based on an individual's financial situation. William Buck can help clients apply for insurance, provide advice on claims, and ensure the process is stress-free.
Statewide Insurance Brokers is a full-service general insurance broker based in Western Australia that has been operating since 1970. As a member of the Steadfast broker network, Statewide can access over 100 Australian and international insurance companies to provide commercial and personal insurance policies to its clients. Statewide aims to provide expert advice and exceptional service to clients through qualified staff and a commitment to upholding principles of excellent customer service, value, and professional expertise.
Infina is an independent insurance broking firm that provides specialized risk advisory and insurance broking solutions. They take a holistic risk management approach and have expertise across various insurance products including property, marine, motor, health and liability insurance. Their services include insurance audits, broking, claims consulting, actuarial services and risk advisory to help clients effectively manage their risks.
Optimum Insurance Services provides a wide range of insurance products and services to clients across various industries in Australia and Asia Pacific. They aim to minimize risks for businesses by recommending the right insurance policies and handling claims efficiently. As an insurance broker, Optimum conducts risk assessments and recommends appropriate coverage to protect client assets and liabilities. They offer quality policies from leading insurers at competitive prices and provide expert advice and support from obtaining quotes to processing claims.
Income Protection Insurance: Get a monthly income when you have days off work, due to accident or illness. Free advice. Compare quotes, instantly!
http://www.lifeinsurancedirect.com.au/income-protection/
Insure First Insurance Brokerage Company ProfileMohammed Irshaad
Insure First is an insurance broking firm committed to being the broker of choice for clients through providing quality service and expertise. They help clients identify their insurance needs and recommend the most appropriate and favorable insurance. Insure First also processes and negotiates claims. Engaging Insure First allows clients to focus on their core business while Insure First uses its market knowledge to ensure the right insurance decisions are made at competitive prices. Insure First's services do not increase clients' insurance costs, as the broker's commission comes from the insurer's acquisition and servicing fees included in premium rates.
Income protection is important since illness or injury could prevent working and reduce income, yet people rarely consider this risk. Disability insurance provides monthly benefits if unable to work due to sickness or injury, replacing part of lost income. While the average car costs around $30,000, the average disability claim lasts 4 years, with illness being the leading cause. Disability insurance is more affordable than many other regular expenses and helps reduce the risk of a disability leaving one unable to pay living expenses.
Accident & Health International is an underwriting agency that provides personal accident, medical, and travel insurance. It has been in operation since 1998 and underwrites policies on behalf of CGU. It offers a range of products including corporate and leisure travel insurance, kidnap and ransom insurance, expatriate and inpatriate medical expenses, and various personal accident covers. The agency aims to provide the right insurance coverage and excellent customer service, with claims and underwriting staff working closely together. It promises a 48-hour turnaround on quotes, claims responses, and support for brokers and customers.
The document summarizes the key features of the Jeevan Saral plan, an employer-employee insurance scheme. It provides equal life insurance coverage and premium rates for all employee ages. Benefits include higher coverage amounts, liquidity options after 3 years, flexibility, tax benefits for employers and employees, and maturity/death benefits that are usually tax-free. Employers like sole proprietors, partnership firms, bodies corporate, and companies can purchase these policies for their employees.
This certificate provides details of a personal accident insurance policy for Antoinetta Colucci, a member of Duck for Cover Enterprises. The policy covers Colucci for injuries sustained while performing face painting, teaching workshops, or rehearsing her act. The policy is valid from August 10, 2016 to August 12, 2017. It provides a maximum payment of $50,000 for death or disabilities and pays 85% of Colucci's weekly salary up to $600 per week for temporary total disabilities. The policy covers performances in Australia and is issued by Accident & Health International Underwriting Pty Ltd.
In every Organization there are a Few Key Persons who Run the Show.They are the Pillars of the company.
Any unfortunate event such as a Sudden Death of a Key Personnel may result in Temporary set back to the company.Every Organization requires Protection against Financial Loss such as liability, Recruitment Cost, Training Cost etc., if such event takes place.
Key man insurance is also known as Business Continuity Plan
Disability insurance provides income benefits if a person is unable to work due to illness or injury. There are two main types: short-term disability has a maximum benefit period of up to two years, while long-term disability has a maximum period ranging from a few years to life. Coverage can be for inability to work in your own occupation or any occupation. Most plans do not cover disabilities from drug abuse, suicide attempts, war or crimes. Protection features include policies being noncancelable or guaranteed renewable.
If someone is injured at work, or they become sick because of their work, it should be reported to the employer within 24 hours and the worker should seek immediate medical attention.
Rowena offers personalized insurance services including life insurance, income protection, and business expense insurance. She has a Bachelor of Commerce degree and diploma in financial services. Rowena has worked in financial services since 1992 and is committed to building long-term relationships with clients to provide the best professional advice for managing their wealth protection strategies.
Allstate Workplace Division offers individual and group voluntary workplace insurance products through its subsidiary American Heritage Life Insurance. It has over 20,000 existing workplace accounts and is highly rated for financial strength. It is one of the largest insurers in the US with over $130 billion in assets and has been in business since 1931. It provides a comprehensive portfolio of supplemental insurance options for employers and employees.
The document discusses career opportunities as an insurance agent with Farmers Insurance. It provides details on Farmers Insurance as a company, the benefits of being an independent agent with Farmers, and their training and commission programs for new agents. Farmers offers various pathways such as reserve business builder or career agent, as well as subsidies and recognition programs to help agents build their book of business.
An insurance broker conducts risk analyses to recommend appropriate insurance coverage to protect clients' assets and liabilities. They recommend financially sound insurers and provide support to clients during claims processes. Brokers are paid commissions ranging from 5-22.5% by insurers and may charge additional broker fees that depend on the type of insurance. As required by law, brokers provide clients a Financial Services Guide describing services, charges, and complaint processes.
5 Reasons Hired-In Plant & Machinery Insurance is a better option that Damage...Amanda Smith
When hiring plant or machinery, it’s important to understand whether the hire agreement is going to provide cover in the event of any damage to the hired items. The hire agreement should outline the terms and conditions of the hire including what your responsibility is as the ‘hiree’ in the event of loss or damage to the item.
Some hire contracts may provide a damage waiver. This means you pay an additional fee to cover the item whilst on hire. However, many damage waivers provide limited cover, eg Fire & Theft only with no cover for damage whilst the item is in use and some even exclude theft.
Four experts in risk mitigation and financial strategy give their key steps and approach to managing risk. Presented as part of Rising Tides Alliance Business Networking Group
Management Liability Insurance is a comprehensive insurance product that combines Directors and Officers Liability Insurance with other policies to provide broad coverage for management. It protects against risks like legal liabilities, employment disputes, fraud, investigations, and crisis events. The policy is tailored for private companies and their directors. It requires continuous coverage to ensure circumstances known during a policy period are still covered if they lead to future claims.
The document discusses the importance of personal insurance including life insurance, income protection insurance, total and permanent disability insurance, trauma insurance, and business expense insurance. It notes that most Australians do not have enough insurance to protect their income or lifestyle in case of death, injury, or illness. The document provides an overview of different types of personal insurance and recommends speaking to a William Buck advisor to determine how much insurance is needed based on an individual's financial situation. William Buck can help clients apply for insurance, provide advice on claims, and ensure the process is stress-free.
Statewide Insurance Brokers is a full-service general insurance broker based in Western Australia that has been operating since 1970. As a member of the Steadfast broker network, Statewide can access over 100 Australian and international insurance companies to provide commercial and personal insurance policies to its clients. Statewide aims to provide expert advice and exceptional service to clients through qualified staff and a commitment to upholding principles of excellent customer service, value, and professional expertise.
Infina is an independent insurance broking firm that provides specialized risk advisory and insurance broking solutions. They take a holistic risk management approach and have expertise across various insurance products including property, marine, motor, health and liability insurance. Their services include insurance audits, broking, claims consulting, actuarial services and risk advisory to help clients effectively manage their risks.
Optimum Insurance Services provides a wide range of insurance products and services to clients across various industries in Australia and Asia Pacific. They aim to minimize risks for businesses by recommending the right insurance policies and handling claims efficiently. As an insurance broker, Optimum conducts risk assessments and recommends appropriate coverage to protect client assets and liabilities. They offer quality policies from leading insurers at competitive prices and provide expert advice and support from obtaining quotes to processing claims.
Income Protection Insurance: Get a monthly income when you have days off work, due to accident or illness. Free advice. Compare quotes, instantly!
http://www.lifeinsurancedirect.com.au/income-protection/
Insure First Insurance Brokerage Company ProfileMohammed Irshaad
Insure First is an insurance broking firm committed to being the broker of choice for clients through providing quality service and expertise. They help clients identify their insurance needs and recommend the most appropriate and favorable insurance. Insure First also processes and negotiates claims. Engaging Insure First allows clients to focus on their core business while Insure First uses its market knowledge to ensure the right insurance decisions are made at competitive prices. Insure First's services do not increase clients' insurance costs, as the broker's commission comes from the insurer's acquisition and servicing fees included in premium rates.
Income protection is important since illness or injury could prevent working and reduce income, yet people rarely consider this risk. Disability insurance provides monthly benefits if unable to work due to sickness or injury, replacing part of lost income. While the average car costs around $30,000, the average disability claim lasts 4 years, with illness being the leading cause. Disability insurance is more affordable than many other regular expenses and helps reduce the risk of a disability leaving one unable to pay living expenses.
Insurance is a legal contract between customer and insurance company that transfers risks from a policyholder to an insurance provider. Insurance company protect agent financial losses, damage, illness or death in return for a payment of a premium
(http://optimuminsurance.com.au/Blog/tabid/158/ArticleID/6/The-benefits-of-engaging-an-insurance-broker.aspx) - We ask you to consider the following which should help you make a better informed decision:
Public and products liability insurance claimsAmanda Smith
This document provides instructions on what to do when making an insurance claim for public or products liability. It states that you should not admit liability to any third party and that the third party must provide a written demand. When making a claim, you should provide your insurer with copies of the demand letter, a completed claim form, an incident report signed by involved employees, and invoices for any repair work. Your insurer will investigate and negotiate on your behalf. You should notify your insurer as soon as possible after any incident and provide all relevant information to allow your claim to be processed quickly.
Income protection insurance provides income payments for the duration of sickness or incapacity, including both short and long term illnesses and accidents. Benefits can continue until retirement age and premiums may increase in line with inflation. The insurance cannot be canceled by the provider once accepted, though the policyholder can cancel. Pre-existing medical conditions or high risk occupations may be excluded from coverage.
Income protection insurance provides income payments for the duration of sickness or incapacity, including both short and long term illnesses and accidents. Benefits can continue until retirement age and premiums may be guaranteed or reviewable. However, exclusions may apply for pre-existing medical conditions or occupations. The policy cannot be canceled by the provider once accepted, though the policyholder can cancel.
Income protection insurance provides income payments for the duration of sickness or incapacity, including both short and long term illnesses and accidents. Benefits can continue until retirement age and premiums may be guaranteed or reviewable. However, exclusions may apply for pre-existing medical conditions or occupations. The policy cannot be canceled by the provider once accepted, though the policyholder can cancel.
Business Insurance Policies - Machinery & Transport InsuranceAmanda Smith
Machinery & transport insurance policies provide coverage for equipment used in industries like construction, mining, and transportation. Covered items include cranes, excavators, forklifts, trucks, and trailers. The policies offer similar coverage to motor vehicle insurance, including liability coverage and coverage for physical damage to equipment. Specialized policies for these industries provide additional coverage options like machinery breakdown and hired equipment coverage. Optimum Insurance Services is an Australian insurance brokerage that provides these types of specialized business insurance policies and services.
Similar to Workers compensation insurance policies (20)
The Rise of Generative AI in Finance: Reshaping the Industry with Synthetic DataChampak Jhagmag
In this presentation, we will explore the rise of generative AI in finance and its potential to reshape the industry. We will discuss how generative AI can be used to develop new products, combat fraud, and revolutionize risk management. Finally, we will address some of the ethical considerations and challenges associated with this powerful technology.
Vicinity Jobs’ data includes more than three million 2023 OJPs and thousands of skills. Most skills appear in less than 0.02% of job postings, so most postings rely on a small subset of commonly used terms, like teamwork.
Laura Adkins-Hackett, Economist, LMIC, and Sukriti Trehan, Data Scientist, LMIC, presented their research exploring trends in the skills listed in OJPs to develop a deeper understanding of in-demand skills. This research project uses pointwise mutual information and other methods to extract more information about common skills from the relationships between skills, occupations and regions.
Independent Study - College of Wooster Research (2023-2024) FDI, Culture, Glo...AntoniaOwensDetwiler
"Does Foreign Direct Investment Negatively Affect Preservation of Culture in the Global South? Case Studies in Thailand and Cambodia."
Do elements of globalization, such as Foreign Direct Investment (FDI), negatively affect the ability of countries in the Global South to preserve their culture? This research aims to answer this question by employing a cross-sectional comparative case study analysis utilizing methods of difference. Thailand and Cambodia are compared as they are in the same region and have a similar culture. The metric of difference between Thailand and Cambodia is their ability to preserve their culture. This ability is operationalized by their respective attitudes towards FDI; Thailand imposes stringent regulations and limitations on FDI while Cambodia does not hesitate to accept most FDI and imposes fewer limitations. The evidence from this study suggests that FDI from globally influential countries with high gross domestic products (GDPs) (e.g. China, U.S.) challenges the ability of countries with lower GDPs (e.g. Cambodia) to protect their culture. Furthermore, the ability, or lack thereof, of the receiving countries to protect their culture is amplified by the existence and implementation of restrictive FDI policies imposed by their governments.
My study abroad in Bali, Indonesia, inspired this research topic as I noticed how globalization is changing the culture of its people. I learned their language and way of life which helped me understand the beauty and importance of cultural preservation. I believe we could all benefit from learning new perspectives as they could help us ideate solutions to contemporary issues and empathize with others.
Lecture slide titled Fraud Risk Mitigation, Webinar Lecture Delivered at the Society for West African Internal Audit Practitioners (SWAIAP) on Wednesday, November 8, 2023.
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
2. Workers Compensation Insurance is compulsory for employers in all states and
territories with in Australia that provides compensation for an employee(s) in the
event of an injury in the course of their employment.
This policy is designed to assist the injured worker to return to work as soon as
possible following the injury. Premiums are generally calculated based on your
industry segment and business activities, number of employees, annual estimated
gross wages and claims history.
Compensation includes:
• Loss of earnings
• Medical expenses
• Rehabilitation
Each state and territory has different workers compensation requirements
Workers Compensation Insurance
3. • ACT - Australian Capital Territory
• TAS - Tasmania
• NT - Northern Territory
• WA - Western Australia
Private Insurers
4. • NSW - New South Wales
• SA - South Australia
• VIC - Victoria
State Government Scheme
• QLD - Queensland
Agents for Government Funds
5. To obtain a quotation, enquire online at www.optimuminsurance.com.au.
In most circumstances we are able to provide an quote over the phone. If
you would like to discuss your needs further, contact us on 1300 739 861.
Policy coverage is always subject to the terms, conditions and exclusions of
the insurance contract and policy wording provided by the insurer.
Each insurance company has its own policy wording. This means that
coverage can vary considerably from one insurer to another. It is vital that
you compare each policy based on the appropriateness of cover for your
individual or business needs.
As Insurance Advisers, it is our role to understand the terms and conditions,
so contact us now for advice and a quote.
Workers Compensation Insurance Quote
7. Contact Us
Phone +61 1300 739 861
Fax +61 1300 732 225
Hours 9.00am to 5.00pm (EST)
Monday – Friday
Email service@optimuminsurance.com.au
Website www.optimuminsurance.com.au
Presentation Disclaimer –– “This material contains general information only and may not suit your
particular circumstances. To decide if a policy is right for you please carefully read the relevant Product
Disclosure Statement (PDS) and/or Policy wording. A copy of the PDS or policy wording is available by
contacting our office on 1300 739 861;”
Disclosure Statement – “Optimum Insurance Services Pty Ltd is a Corporate Authorised
Representative of Insurance Advisernet Australia Pty Ltd (Car No. 291220), Australian Financial Services
Licence No 240549, ABN 15 003 886 687.”