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Are bonuses excluded from workers compensation premium calculations?
Wiki User
∙ 11y ago
Im trying to find out too.
Wiki User
∙ 11y ago
Wiki User
∙ 12y agoNO.
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What is the premium added as a compensation for the risk that an investor will not get paid in full?
maturity risk premium
What is risk premium?
Risk premium is the compensation investors expect to earn in return for taking risks.
What is the definition of insurance?
Insurance is defined as the compensation due to a loss, damage, death or illness. The compensation is in return for the payment of an insurance premium.
Under what circumstances is someone eligible for Medical Compensation?
The Medical Compensation is intended to lower medical malpractice liability insurance premium for health care providers. Someone is eligible for medical compensation if they are injured on the job due to the companies negligence.
What is the difference between a non rated driver and an excluded driver?
Nonrated: Person is covered if they drive the vehicle(s), but generally not affecting the premium. (Usually this means they are a licensed household member, but they have their own separate vehicle and insurance policy) Excluded: Person is generally not covered if they drives the vehicle(s) on the policy and there is also no premium being charged for them. this is not offered by every company. Rated: Person is covered and they may affect the premium.
What has the author Arthur J Levine written?
Arthur J. Levine has written: 'Levine on California workers compensation premium and insurance' -- subject(s): Law and legislation, Workers' compensation
How do life insurance agents get paid?
Life insurance agents typically earn commission on the policies they sell, ranging from 5% to 35% of the premium. They may also receive bonuses from their employer or from the insurance company for selling a certain number of policies. In addition, some life insurance agents may receive additional compensation for services such as training and assisting new agents.
What does one receive if they survive the term of a return of premium life insurance policy?
If one survives the term of a return of premium life insurance policy, they are likely to get the sum assured and the interest or bonuses earned over the period. This can be viewed as a way to reduce risk and also invest.
What is expectation premium?
Expectation premium refers to the additional return that investors expect to receive for taking on a certain level of risk. It is essentially the compensation investors demand for holding an asset that may be subject to various uncertainties, such as market fluctuations or economic conditions. The expectation premium is a key consideration for investors when assessing the potential returns from an investment.
What does excess clause mean?
sometimes an insurer will offer the insured a lower premium if the insured agrees not to seek compensation for amount under lets say 200 euro.
Is a Massachusetts household member covered under the parent's auto policy if they are excluded while residing at college?
If they are excluded that means the policy owner has signed a specific exclusion form that says there is no coverage at all for any coverage under the policy for the excluded person or for any vehicle while the excluded person is driving a covered vehicle. It makes not difference what the circumstances are there is no coverage. I rarely do exclusions for this reason. When absolutely necessary I make sure the insured understands that even in a medical emergency or if they are just moving a car out of the way in the driveway there is no coverage at all. The person signs an exclusion so that the insurance company will not charge any premium for the excluded driver.
What is pooling risks?
what is pooling of risks? This is when a premium is payed by a number of people facing a similar risk into a pool of compensation in the case of any unknown expense. eg repair of a damaged store or even replacement.
