Receive a discount on your WorkCover insurance premium by paying early

Find out how much of a discount you get on your premium for early payment.

Date last updated

Tuesday 23 Jun 2020

Industries and topics
  • Insurance
  • Premium

The discounts

A discount of 5 percent per annum is again available for employers who pay their full year's premium by 31 August 2020.

A discount of 3 percent per annum is also available to employers who wish to continue to pay their premium in full by 1 October 2020.

To qualify for the 5 percent discount employers must:

  • Pay any outstanding balance from 2019/20 (or previous years); and
  • Pay their full 2020/21 premium (less the 5% discount) by 31 August 2020.

To qualify for the 3 percent discount employers must:

  • Pay any outstanding balance from 2019/20 (or previous years); and
  • Pay their full 2020/21 premium (less the 3% discount) by 1 October 2020.

Information on ways to pay your premium will be set out in your Premium Notice.