Coverages
This section of the Workers Compensation policy covers lawsuits by employees for work-related injuries not covered by statutory workers compensation.
What is Employer's Liability Insurance?
This endorsement means the carrier gives up the right to recover from others.
What is a Waiver of Subrogation?
This class code applies to Clerical employees.
What is 8810?
Premium is determined by dividing this by 100 and multiplying by the rate.
What is payroll?
The percentage charge for a blanket waiver of subrogation?
Coverage is shown as "None" for Other States Coverage under this section of a Texas Mutual policy.
What is "3C"?
This endorsement is added for combinable entities insured separately, specific address (covered separately), construction sites covered by OCIPS, and combinable entities without Worker's Compensation insurance.
What is a Designated Workplace Exclusion?
This means "means not otherwise classified" when shown at the end of a classification description.
What is NOC?
This discount is applied to the standard premium and is determined by the size of the policy.
What is Premium Discount?
This classification applies to roofing.
What is class code 5551?
Officers are typically included in coverage unless they elect to be excluded, except for this type of operation.
What is a farm/ranch?
This endorsement is used to provided coverage for employees that are not included in the Worker's Compensation Act, for example domestic workers and farm workers.
What is Texas Exempt Employees Coverage Endorsement?
Class Codes 8810, 8742, and 7380 are known as this type of classification.
What are standard exceptions?
A numerical factor used in workers’ compensation insurance to adjust an employer’s premium based on their claims history compared to similar businesses.
What is the Experience Rating Modifier?
This is the capped payroll for Executive Officers in the state of Texas.
What is $62,400?
An Texas employee must have worked at least this many days in the last 365 days, after the first year of employment to be deemed a Texas employee.
What is 10 days?
This endorsement/coverage is added to a Worker's Compensation policy to extend liability coverage to employees who work on vessels.
What is the Maritime Coverage Endorsemet?
This at the end of the class codes notes that the classification is a true longshore classification?
What is the letter "F"?
This discount is modified up to 12.4% based on the group size if a policyholder joins the group.
What is Safety Group Discount?
True or False - Ghost policies are not allowed, except for HOAs.
Coverage for these states can only be purchased via the state fund.
What is Washington, North Dakota, Ohio, and Wyoming? (Monopolistic States)
This endorsement states that we will reimburse the policyholder after it has made payment of workers’ compensation benefits required by another jurisdiction to Texas employees described by Texas Labor Code 406.071
What is the Limited Reimbursement Endorsement?
In order to qualify for this class code you must have indirect supervision of employees and not engage in any physical labor.
What is 5606?
A fixed, flat-dollar amount added to every worker’s compensation policy premium, regardless of the size of the policy. It is designed to cover the administrative costs associated with issuing and maintaining the insurance policy, such as underwriting, policy processing, and billing.
What is an expense constant?
This law provides for payment of USL&H benefits to workers injured or killed while involved in the exploration for and development of natural resources (oil and gas) on fixed structures permanently attached beyond 10 miles for Texas and 3 miles for other states.
What is OCS?