Revision History | |||
Type |
Effective Date |
Circular |
Notes |
Original |
04/01/2016 |
North Carolina Basic Manual for Workers Compensation and Employer Liability - Digital Edition |
Refer to Rule 3-A-13
TABLE 1 – WORKERS COMPENSATION AND EMPLOYERS LIABILITY- INCREASED LIMITS PERCENTAGE
Bodily Injury by Disease: Policy Limit ($000 Omitted)
|
Loss Limit |
Minimum Premium[*] |
500 |
1,000 |
2,000 |
3,000 |
4,000 |
5,000 |
6,000 |
7,000 |
8,000 |
9,000 |
10,000 |
|
|
100 |
- |
0.0% |
0.1% |
0.2% |
0.3% |
0.4% |
0.5% |
0.6% |
0.7% |
0.8% |
0.9% |
1.0% |
|
200 |
$75 |
0.2% |
0.3% |
0.4% |
0.5% |
0.6% |
0.7% |
0.8% |
0.9% |
1.0% |
1.1% |
1.2% |
||
300 |
$75 |
0.4% |
0.5% |
0.6% |
07.% |
0.8% |
0.9% |
1.0% |
1.1% |
1.2% |
1.3% |
1.4% |
||
400 |
$75 |
0.6% |
0.7% |
0.8% |
0.9% |
1.0% |
1.1% |
1.2% |
1.3% |
1.4% |
1.5% |
1.6% |
||
500 |
$75 |
0.8% |
0.9% |
1.0% |
1.1% |
1.2% |
1.3% |
1.4% |
1.5% |
1.6% |
1.7% |
1.8% |
||
1,000 |
$120 |
|
1.1% |
1.2% |
1.3% |
1.4% |
1.5% |
1.6% |
1.7% |
1.8% |
1.9% |
2.0% |
||
2,000 |
$140 |
|
|
1.4% |
1.5% |
1.6% |
1.7% |
1.8% |
1.9% |
2.0% |
2.1% |
2.2% |
||
3,000 |
$160 |
|
|
|
1.6% |
1.7% |
1.8% |
1.9% |
2.0% |
2.1% |
2.2% |
2.3% |
||
4,000 |
$180 |
|
|
|
|
1.8% |
1.9% |
2.0% |
2.1% |
2.2% |
2.3% |
2.4% |
||
5,000 |
$200 |
|
|
|
|
|
2.0% |
2.1% |
2.2% |
2.3% |
2.4% |
2.5% |
||
6,000 |
$210 |
|
|
|
|
|
|
2.2% |
2.3% |
2.4% |
2.5% |
2.6% |
||
7,000 |
$220 |
|
|
|
|
|
|
|
2.4% |
2.5% |
2.6% |
2.7% |
||
8,000 |
$230 |
|
|
|
|
|
|
|
|
2.6% |
2.7% |
2.8% |
||
9,000 |
$240 |
|
|
|
|
|
|
|
|
|
2.8% |
2.9% |
||
10,000 |
$250 |
|
|
|
|
|
|
|
|
|
|
3.0% |
*The same minimum premium applies for all the Bodily Injury by Disease policy limits within the same row.
For increased limits not displayed in the table, apply the minimum premium shown for the next highest limit published in the table.
TABLE 2—Employers Liability Insurance for Admiralty or FELA—Table for Minimum Premium and Increased Limits Factors
|
Factor |
Minimum Premium |
||
Limit Per Accident |
Program I |
Program II |
Program I |
Program II |
$100,000 |
1.00 |
1.00 |
$0 |
$0 |
$200,000 |
1.31 |
1.26 |
75 |
100 |
$300,000 |
1.47 |
1.41 |
75 |
100 |
$400,000 |
1.56 |
1.50 |
75 |
100 |
$500,000 |
1.60 |
1.54 |
75 |
100 |
$1,000,000 |
1.77 |
1.70 |
120 |
150 |
$2,000,000 |
1.96 |
1.88 |
140 |
175 |
$3,000,000 |
2.05 |
1.97 |
160 |
200 |
$4,000,000 |
2.10 |
2.02 |
180 |
225 |
$5,000,000 |
2.13 |
2.04 |
200 |
250 |
$6,000,000 |
2.15 |
20.6 |
210 |
260 |
$7,000,000 |
2.17 |
20.8 |
220 |
270 |
$8,000,000 |
2.18 |
20.9 |
230 |
280 |
$9,000,000 |
2.19 |
2.10 |
240 |
290 |
$10,000,000 |
2.20 |
2.11 |
250 |
300 |
© North Carolina Rate Bureau. Contains the copyrighted material of the National Council on Compensation Insurance, Inc. ("NCCI") © 1986 - NCCI. All rights reserved. Used with permission.