Pay as You Go Work Comp

There is a big push by insurance companies to have clients use their pay as you go work comp products. These products have insureds pay comp premium each month based on their payroll. This prevents the need for end of the year audits. These are good products because it allows business owners to pay only what is owed, no more estimated premiums. I think these products will be more the norm over the next few years. Until next time know your risks and be careful out there. K

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