WorkCover insurance in Victoria is a mandatory form of statutory insurance managed by WorkSafe Victoria that businesses must secure to protect their workforce. It provides comprehensive financial and medical safety nets for employees who suffer work-related injuries or occupational diseases. The policy covers reasonable medical treatment expenses, rehabilitation costs, weekly income replacement payments, and lump-sum compensation for permanent impairments, while simultaneously shielding registered employers from civil liability and common law lawsuits related to workplace accidents.
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