How PayCover Works for Employers
At Coverforce, we manage your PayCover for you directly and will:
- Arrange your registration as a participating employer
- Arrange the registration of your employees
- Collect, allocate and remit insurance premiums
- Distribute and process all the relevant documentation necessary
- Arranging and administering your insurance (Including but not limited to monthly premium statements, receipts for payment of premiums, distribution to you of disclosure documentation such as a PDS and a copy of the Master Policy).
- Provide you with specific advice regarding the Master Policy if requested
- Manage and administer applications for claims
- Manage and administer the ongoing claims process
- Process payments for claims including the management and remittance of applicable taxes and any other statutory requirements
- Issue PAYG summaries to claimants that have received benefits directly from us
- Maintain and improve the technology used to administer PayCover
- Provide all necessary assistance to participating employers and insured employees.