Unit statistical card
Term · Insurance and risk management · MLC-T-INS-003435
A standardized report submitted by workers' compensation insurers to rating bureaus, containing detailed information about an individual policy's premium, payroll, and loss experience. This data is used to calculate experience modification factors and develop overall industry rates. Each card represents a single policy period for an employer.
| Identifier | MLC-T-INS-003435 |
|---|---|
| Field | Insurance and risk management |
| Subject | Workers Compensation |
Record as JSON
{
"id": "MLC-T-INS-003435",
"term": "Unit statistical card",
"field": "Insurance and risk management",
"definition": "A standardized report submitted by workers' compensation insurers to rating bureaus, containing detailed information about an individual policy's premium, payroll, and loss experience. This data is used to calculate experience modification factors and develop overall industry rates. Each card represents a single policy period for an employer.",
"subject": "Workers Compensation",
"url": "https://mlchart.com/terminology/insurance/unit-statistical-card/"
}
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