Sliding scale dividend
Term · Insurance and risk management · MLC-T-INS-003105
A type of dividend plan offered by some workers' compensation insurers where the amount returned to the policyholder varies based on the policy's loss experience. As the policyholder's losses decrease, the dividend percentage typically increases. This incentivizes employers to implement effective safety programs and manage claims efficiently.
| Identifier | MLC-T-INS-003105 |
|---|---|
| Field | Insurance and risk management |
| Subject | Workers Compensation |
Record as JSON
{
"id": "MLC-T-INS-003105",
"term": "Sliding scale dividend",
"field": "Insurance and risk management",
"definition": "A type of dividend plan offered by some workers' compensation insurers where the amount returned to the policyholder varies based on the policy's loss experience. As the policyholder's losses decrease, the dividend percentage typically increases. This incentivizes employers to implement effective safety programs and manage claims efficiently.",
"subject": "Workers Compensation",
"url": "https://mlchart.com/terminology/insurance/sliding-scale-dividend/"
}
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