WorkCompRateClass

Description
The Commercial Workers Comp Rate Class Aggregate contains the rating information for the policy.

Type : Aggregate
DataType : WorkCompRateClass_Type

Parents
RESOURCE_CHOICE

Elements
ActualRemunerationAmtActual Remuneration of class for the past 12 months.
CommlCoverageThis aggregate is DEPRECATED. It is present for backward compatibility only. Use Coverage instead.
CoverageCoverages may be attached at several levels in the insurance model: at the line of business, at a risk (vehicle or property location), or with a person (such as a driver). The Coverage aggregate has been designed to be used by both Personal and Commercial Lines. Commercial Lines may need a supplement created to hold some additional information, but there is no additional information needed for Personal Lines. There may be multiple Limits, Deductibles and Options. However, the insurer may limit the number of any of those groups.
CoverageAvailableThis aggregate provides for coverage appetite and guidance by coverage in all aggregates that contain Coverage.
CreditOrSurchargeDescribes a credit/discount/surcharge/modification.
CurrentTermAmtThe total gross amount that is for the current term, including premiums, plus taxes, fees, discounts, surcharges, etc. When a policy is issued for its normal full term, at inception, CurrentTermAmt=FullTermAmt.
ExposureThe amount of the exposure used in calculating the premium. The content of this data element depends on the rating basis used.
ExposureInfoThis contains information concerning business or non-business exposures whether incidental or not.
ExposurePeriodThe effective date of the exposure when exposure amounts are reported on a split period basis. This is used in Workers Compensation reporting.
IfAnyRatingBasisIndIndicates if rating basis is "If Any".
ItemIdInfoThe Item ID Information Aggregate is architectural in nature. It is used to identify an aggregate uniquely across transactions.
LinkLink provides a mechanism to hyperlink between resources. It is not expected to contain data, instead typically appears as (e.g.): <Link rel="self" href="/policy/4e068b48-798c-4df1-8d1d-ea2a90f4eb4c" title="Self"/>.
NumEmployeesTotal number of employees.
NumEmployeesFullTimeNumber of Full Time Employees.
NumEmployeesPartTimeNumber of Part Time Employees.
PremiumBasisCdA code designating the rating basis of the exposure amount. This code uses the PremiumBase code list.
ProjectedIndIndicates if the information provided in this aggregate is projected.
RateThe rate or factor used to calculate the premium.
RatingClassificationCdAn industry code used to classify the exposure, risk, or coverage. The source of this list includes various bureaus, insurers, and other state manuals or rating organization.
RatingClassificationDescA text description for the nature of the operations for the classification code.
RatingClassificationDescCdA code identifying specific classification phraseologies. (It is possible to have more than one description for a given classification code.) There are multiple sources for this code list.
WrittenAmtThe current term amount from the first transaction in the current policy term plus/minus the net change amounts from all subsequent transactions within the same policy term.

Attributes
CoverageRefsThis attribute is an identifier reference to a Coverage (or deprecated CommlCoverage) aggregate.
idThis attribute is an identifier to a specific element.