With December being the second largest workers compensation renewal period in NSW, a lot of our clients would have received Renewal documentation from icare.
Per icare’s new policy renewal process (implemented since 30 June 2018), all policies have been automatically renewed using the wages currently on file. icare has advised that employers should submit a Declaration of Estimated Wages only if there is a variance of more than 15% between the wages used for the renewal and the figure you have estimated as the wages for the period.
If this is the case, and you would like our assistance with having your Renewal re-processed, please contact us and we will help you with the completion of the Declaration of Estimated Wages and liaise with icare on your behalf.
Should you have any questions, please do not hesitate to contact us.