WC Options screen for workers’ compensation

Federal Liability

This option is available in two federally sanctioned programs: Program I and Program II. If you select Program II, you can enter federal liability class codes for different types of employee activity; these class codes subsequently translate into domain specific jurisdiction or U.S.L.&H. codes. The user interface does not display the domain specific codes. The federal liability class codes appear in the printed policy. All codes impact coverage and forms inference.

You can view these class codes in the workers_comp_federal_liability_class_codes.xml system table in Product Designer.

Waivers of Subrogation

Multiple waivers of either blanket or specific type may be defined on this screen. There is built in validation for specific waivers that filter for jurisdiction and class code combinations that appear on the State Coverages tab. For example, the sum of the Project Payroll cannot exceed the basis on the State Coverages tab for that jurisdiction and class code.

Owners/Officers

You may enter owners and officers of the named insureds on this screen. Inclusion/exclusion form inference uses this information. Each listed person may be designated as included or excluded from the policy. For those included, you must specify the jurisdictional classification which includes remuneration of the covered person.

Individuals Included/Excluded

Specify included or excluded persons on this screen. All entries have significant impact on coverage and forms inference.

Retrospective Rating Plan

When retrospective rating applies to a policy, the default application stores the retrospective rating requirements on forms and in rating calculations.

Participating Plan

You can designate an insurer participating plan on this screen. The Participating Plan tab displays the following fields:

• Plan ID – Defines all factors which are invariable for that plan.
• Retention – The percent of the premium that the insurer always keeps.
• Loss Conversion Factor – Enter a factor which is applied to losses when calculating dividends.

The default application stores participating plan requirements but does not include these requirements on forms or use them for calculating dividends. The default implementation supports a single dividend plan per policy.

Employee Leasing

You can define labor contracts on this screen. The data that is required for this option depends upon the following:

• Do you supply or receive employees? If you supply employees, add a Client. If you receive employees, add a Supplier.
• Does this policy include or exclude those employees? Select this on the Contact Detail screen.

All entries have significant impact on coverage and forms inference.

Aircraft Seat Change

The Aircraft Seat Change option allows the insured company to define aircraft used by company as required by manual rules. PolicyCenter uses this information for rating and forms inference.

Exclusions

The Exclusions option screen allows you to enter excluded groups. For example, you can exclude employees working at a job contract site that a separate workers’ compensation policy covers.

Manuscript Option

The Manuscript Option screen allows you to enter the manuscript text for a custom coverage, exclusion, or policy condition. You can also specify a premium amount.