Comcover helps protect the Commonwealth Budget by ensuring Australian Government entities that are classified to the General Government Sector (Fund Members) have comprehensive financial protection from major threats that can arise from claims associated with insurable risks.
Comcover is not an insurance company. Comcover operates as a self-managed fund offering a more economical and efficient solution than that available from the private sector insurance market. Comcover facilitates a comprehensive and consistent approach to protecting Fund Members by building risk management capability through effective data collection and claims management.
Under Comcover's Statement of Cover, Fund Members receive cover for all general insurable risks. The exception is workers' compensation, which is managed by Comcare.
Comcover does not offer cover nor issue premium invoices to private organisations or individuals.
Insurance Broking services and Overseas Medical and Travel Assistance services, which complement Comcover's existing insurance services, are also available to Fund Members.