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IIF W O R K E R S C O M P E N S A T I O N I N S U R A N C E Employer Handbook IMPORTANT Information Regarding Subcontractors and Your Premium Audit Includes the New Workers Comp Law Summary Requiring
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What is and your premium audit?
A premium audit is a review of your insurance policy to determine if the estimated premium you paid matches the actual exposure.
Who is required to file and your premium audit?
All policyholders who have a workers' compensation insurance policy are required to file a premium audit.
How to fill out and your premium audit?
You can fill out the premium audit by providing detailed information about your payroll, employees, and job classifications for the policy period.
What is the purpose of and your premium audit?
The purpose of a premium audit is to ensure that the insurance premium accurately reflects the level of risk associated with your business operations.
What information must be reported on and your premium audit?
You must report payroll, employee count, job classifications, and any changes in your business operations during the policy period.
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