Workers' Compensation Insurance

Partnering to help you manage, reduce and control the costs of employee illness and absences.

Companies are required by law to purchase workers' compensation insurance to protect employees suffering work-related illnesses or injuries against lost income and to pay the associated medical treatment for these employees.

While establishing and administering a workers' compensation program can be expensive for a growing company, the cost can be reduced with the use of managed care, return-to-work, vocational rehabilitation and other special cost containment programs and services. Employers can also minimize workers' compensation costs simply by creating a safer work environment – one where employee illnesses and injuries are less frequent and severe.


Guaranteed cost, retrospectively rated, dividend and small and large deductible plans, geared toward Workers' Compensation buyers interested in more risk transfer than risk assumption.

Customer profile:

  • Most classes of business considered
  • Multiple employer associations and groups
  • Local claim services


  • Broad market for accounts with premium from $5,000 to $10,000,000
  • Flexible product and pricing approach
  • Local expertise with offices in over 20 cities
  • A financial strength and backing
  • Flexible premium payment programs

Features may include:

  • Competitive pricing
  • Superior claim services
  • Various safety programs
  • Guaranteed cost policies
  • Deviated rates
  • Retrospective rating plans
  • Retention plans
  • Schedule rating
  • Large deductible
  • Dividend plans
  • Managed care programs/Credits available in several states
  • 24 hour coverage type programs available in several states
  • Large Risk Alternative Rating Plan

Submission Requirements:

  • Completed ACORD application
  • Appropriate Loss, Premium, Payroll Histories and with Employer FEIN#
  • Broad description of operations
  • Experience modification worksheet
  • Average wage level for major class by state
  • ERM14 (when needed)
  • Completed selection worksheet (nine questions on one page)
  • Applicable experience rating data
  • Copies of most recent Federal Payroll Tax Filing (941) to support Payroll estimate
  • Schedule from expiring policy (if readily available)


 Product Family
Defense Base Act
 Forms & Apps
PolicyManagers® / ACORD Application for Workers' Compensation
Related Products
Equipment Breakdown