Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

What is Comcover?

April 26, 2017Comcover

0

Posted

What is Comcover?

1 Answer

0

Posted

Comcover is the Australian Government’s general insurance fund. It is administered by a branch within the Department of Finance and Deregulation for the benefit of Fund Members. Comcover commenced operation on 1 July 1998. Comcover’s purpose is to work in partnership with Fund Members to promote a risk management culture and deliver an effective insurance program across the Australian Government. A managed fund is a form of self-insurance that operates by collecting premiums from participating Fund Members and accumulating reserves in order to meet future losses from those reserves.