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Excess Worker's Comp
Coverage |
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Most self-insurers are not
able to be self-insured
without an excess workers
compensation insurance
policy. Self-insurance gives
a company more control
over the claims handling,
more control over the cost of
the insurance program, and
improves cash flow by
lowering the cost of worker
comp insurance.
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Excess worker's comp
insurance is available for
risks that choose to self
insure the majority of
workers compensation loss
exposures.
Two categories of coverages
are typically available:
Specific: controls loss
severity by placing a cap on
losses the insured must pay
arising out of a single
occurrence
Aggregate: addresses loss
frequency by providing
coverage once a cumulative
per occurrence loss limit is
breached.
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Excess Liability
Insurance Specialists!
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CONSULTING
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NEW WORLD
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CASUALTY &
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203-967-4448
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New World Ventures 2010
Copyright 2002-2021, All rights reserved
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