April 29, 2011

What Is A Short Rate Penalty For Workers Comp Policies?

The Short Rate Penalty Can Be Significant A short rate penalty is applied by insurers when a Workers’ Compensation insurance policy is cancelled by the insured before the expiration date of the policy. In the early days of the policy this penalty is steep. It will gradually taper off the

Archives

Subscribe

Get the latest workers' comp news FREE!

Name
This field is for validation purposes and should be left unchanged.