Comcover Documents

Written by Claude Haiku 4.5 from the extracted text on 27 Feb 2026. It can miss or misread redacted and scanned pages. Check the source before relying on it.

This document is the Comcover Statement of Cover 2019-20, which outlines the self-insurance arrangements managed by the Department of Finance for Commonwealth entities. Comcover, established in 1998, pools annual premiums from mandatory Fund Members (corporate and non-corporate Commonwealth entities in the General Government Sector) to manage insurable risks cost-effectively and protect the Commonwealth Budget. The statement defines coverage across liability (general, professional indemnity, directors' and officers'), property (including transit and fraud), motor vehicles, and personal accident and travel insurance. Workers' compensation remains Comcare's responsibility. The document sets out defined terms, conditions of cover, and general exclusions. Fund Members pay annual premiums that are pooled to cover claims, creating a self-insurance mechanism rather than reliance on external insurers.