What does Item 4 of the information page entail?

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Multiple Choice

What does Item 4 of the information page entail?

Explanation:
The value on item four is the workers’ compensation and employer’s liability rating data. This is the information used to calculate the premium for those coverages, including the employer’s exposure (classification codes, payroll totals, and other rating factors) that drive the applicable rates. This data is distinct from who is insured (name insured), any policy modifications (endorsements and schedules), or how the policy is identified (policy numbers). Those other elements serve different purposes on the declarations, while item four specifically feeds the premium calculation for WC and EL.

The value on item four is the workers’ compensation and employer’s liability rating data. This is the information used to calculate the premium for those coverages, including the employer’s exposure (classification codes, payroll totals, and other rating factors) that drive the applicable rates. This data is distinct from who is insured (name insured), any policy modifications (endorsements and schedules), or how the policy is identified (policy numbers). Those other elements serve different purposes on the declarations, while item four specifically feeds the premium calculation for WC and EL.

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