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Insurance Plan |
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MISCELLANEOUS VALUES |
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Effective February 1,
2007 |
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APPLICABLE TO
ASSIGNED RISK POLICIES ONLY |
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Basis of Premium -
applicable in accordance with the footnote instructions for Code 7370 -
Taxicab Co.: |
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Employee operated
vehicles
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$48,476 |
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Leased or rented
vehicles
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$32,317 |
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Expense Constant - applicable in accordance
with Basic Manual Rule VI-D.3.
. $210 |
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Domestic Terrorism,
Eartquakes and Catastrophic Industrial Accidents |
(rate per $100 payroll)
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0.03 |
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Terrorism Risk Insurance Act of 2002 (rate per $100 payroll)
...
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0.05 |
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Maximum Remuneration - applicable in
accordance with Basic Manual Rule IX-A.4.b.: |
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Executive
Officers
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$2,500 |
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Minimum Remuneration - applicable in
accordance with Basic Manual Rule IX-A.4.b.: |
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Executive
Officers
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$311 |
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Per Passenger Seat Surcharge - In
accordance with the footnote instructions for Classification |
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Code 7421, the
surcharge is ...........................................
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$100 per passenger
seat |
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Maximum surcharge per
aircraft
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$1,000 |
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Premium Determination for Partners and Sole Proprietors, and
Members of a Limited Liability Company |
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in
accordance with Basic Manual Rule IX-B.5.
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$32,300 |
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United States Longshore and Harbor Workers Compensation Coverage
Percentage |
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applicable
only in connection with Rule XII-D.3. - U.S. Longshore and Harbor Workers'
Compensation Act of the Basic Manual ............ |
92% |
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(Multiply a
Non-F classification by a factor of 1.92) |
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Percentage Premium Reduction - the
following reduction percentages are applicable by hazard group, for employers
electing medical benefits per claims deductibles as designated below: |
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Deductible Amount |
Hazard Groups |
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Medical Benefits |
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Per Claim |
A |
B |
C |
D |
E |
F |
G |
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$500 |
5.7% |
4.5% |
3.8% |
3.1% |
2.6% |
1.7% |
1.3% |
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$1,000 |
8.3% |
6.7% |
5.7% |
4.7% |
4.0% |
2.7% |
2.1% |
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$1,500 |
10.1% |
8.2% |
7.0% |
5.9% |
4.9% |
3.5% |
2.7% |
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$2,000 |
11.5% |
9.3% |
8.1% |
6.8% |
5.7% |
4.1% |
3.2% |
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$2,500 |
12.6% |
10.3% |
9.0% |
7.6% |
6.4% |
4.6% |
3.6% |
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Premium Discount Percentages - the
following premium discounts are applicable to Standard Premiums: |
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First |
$5,000
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- |
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Next |
$95,000 |
10.9% |
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Next |
$400,000 |
12.6% |
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Over |
$500,000 |
14.4% |
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Experience Rating Eligibility |
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A risk is eligible for intrastate experience rating when the
payrolls or other exposures developed in the last year or last two years of
the experience period produced a premium of at least $6,000. If more than two
years, an average annual premium of at least $3,000 is required. |
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Filed on
behalf of Travelers Indemnity Company.
11/17/2006 |
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