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Maryland contracting classification premium adjustment program form

Maryland contracting classification premium adjustment program form 2025

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The document outlines the Maryland Construction Classification Premium Reduction Program (CCPRP) for workers' compensation premium credits available to qualifying employers in construction. To qualify, a policy must have over 50% of its manual premium from construction classifications and be experience rated. Employers must submit a completed premium credit application within 180 days of policy inception, providing payroll and hours worked data for specific calendar quarters. The document includes instructions for new businesses and details on reporting requirements.

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What is the WC voluntary compensation endorsement?

A voluntary compensation endorsement enables an employer to extend the benefits provided by the workers compensation act to employees who may not be entitled to benefits under the terms of the act, such as executive officers, partners, sole proprietors, farm workers, domestic employees, volunteers or employees

What is contracting classification premium adjustment program?

CCPAP provides premium credits as a specific discount to employers who pay higher than average wages to employees classified within contracting class codes. The CCPAP discount is the percentage decrease that carriers issue to insureds who hold policies that contain contracting classification codes.

What is WC040604A?

WC 04 06 04 A, COVID-19 Reporting Requirement Endorsement California. The Insurance Commissioner has approved WC 04 06 04 A, COVID-19 Reporting Requirement Endorsement California, as a Standard Form for use in California to reflect changes resulting from the passage of California Assembly Bill No.

What is the exclusion endorsement code for a WC audit?

WC 00 03 02Designated Workplaces Exclusion Endorsement It may be used when a wrap-up program provides workers compensation coverage for a particular job. The named insured can eliminate all payroll associated with that workplace.

What is the purpose of an alternate employer endorsement?

This endorsement is commonly used when a temporary help agency (the insured) is required by its customer (the alternate employer) to protect the alternate employer from claims brought by the insureds employees.

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