Almost 1 in 5 employees are currently on claim
Average duration for a claim is over 36 weeks
Over 919 have had their wages drop in last 3 years
Over $7,438,580 in lost wages
POVB COVER
POVB Workers Compensation Top-Up stand-alone policy
INSURANCE DESIGNED FOR POVB. Uniting members and corrective services employees, building a Workers Compensation top-up scheme that protects wages.
A product built by POVB members for POVB members.
>> $30.00 per week inclusive of all charges
Cover provided is 15% of the gross salary inclusive of overtime and allowances capped at the relevant PIAWE
POVB INCOME PROTECTION
WageCover – 24 Hour Accident & Sickness Income Protection Policy & POVB Workers Compensation Top-Up Add On Policy
Why do we recommend choosing this option?
By purchasing both the WageCover policy and POVB Cover combined, you not only have 24/7 cover for your loss of wages should you become injured or sick, but it’s also the best premium option.
Example:
$1,000 Weekly Benefit option under the WageCover policy for $24.37 per week**, add on POVB Top-Up Cover for $15.00 per week, for a total cost $39.37 per week (only an additional $9.37 to the POVB Stand Alone Top-Up Policy cost of $30.00 per week)
So if you want to be covered for your loss of wages up to $1,000 outside of working hours and up to 95% of your wages during work hours this policy is for you.
Subject to the terms and conditions of the policy.
