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Ways to pay your premium
You can choose to pay your WorkCover premium as a one-off payment or in instalments using your insurance login to Online Employer Services (OES).
If your premium is $1,000 or less, you need to pay the full amount as a one-off payment by 1 November each year. You'll receive a discount if you pay your premium in full.
You can also use your OES account to update your estimated rateable remuneration for the year, then recalculate your premium at any time throughout the year.
Pay in full and receive a discount on your premium
There are a number of ways to receive a discount if you pay in full.
Pay in full before 31 August and receive a 5% discount.
Pay in full before 1 October and receive a 3% discount.
You're eligible for the early payment discount even if your premium is the minimum amount.
Quarterly instalments are due on the first day of:
You can pay ten monthly instalments due on the first day of each month from 1 October to 1 July.
Late payment penalties
If you do not pay your premium instalment by the due date your instalment plan may be cancelled. You'll be required to pay all future instalments for the current financial year immediately.
You may also have to pay a late payment penalty fee. Contact your WorkSafe agent for more information.