What You Don't Know May Cost You IWCP

What You Don’t Know About Your WORKERS’ COMPENSATION May Cost You TENS OF THOUSANDS OF DOLLARS A Year In Premium Overpayment…

One of the biggest mistakes a business owner can make is trusting that their insurance agent understands workers' compensation.

Workers’ Comp is the only insurance over which you have near total control over costs. But with limited knowledge of a complex system in a high-stakes environment, you are doomed to do the best you can and hope things work out.

Not taking responsibility for your Workers’ Comp - and trusting someone in your business without training on how to get the lowest Experience Mod and pay the lowest premiums - or trusting an insurance company or an agent to do that for you is a gamble with no upside. A mistake that could cost you tens, if not hundreds, of thousands of dollars.

For example…

An outdoor sign company with fewer than ten employees was paying $18,000 a year in annual premiums. On investigation, we discovered the employees had been misclassified into the highest risk rate category, which meant the company was paying $12,000 more a year in annual premiums than they should have.

Another example…

A grading contractor employing 42 people and with annual revenues of approximately $3 million had been with the same broker for 21 years. The broker had never audited or verified the insured’s Experience Modification Factor and routinely accepted the Mod Worksheet provided by the National Council On Compensation Insurance as accurate and correct. The company’s Mod was 1.40.

One of our Institute-trained Advisors audited this company’s Mod and found numerous errors, including several high-severity claims still listed as open, even though the claims had been settled two years prior and the reserves decreased. Our trained advisor was able to correct these mistakes, but the previous errors had cost the company over $20,000 before the correction was made.

Another example...

A major landscape contractor with 120 employees and $19 million in annual revenues had an extremely high Experience Mod of 1.39 and yearly premiums in excess of $400,000.

One of our Certified Advisors analyzed this situation and discovered the Experience Mod was wrong.

The Advisor gathered supporting paperwork to prove the 1.39 Experience Mod was in error. The Workers’ Comp Insurance Rating Bureau agreed - and LOWERED the company’s Experience Mod from 1.39 to 1.0. Luckily, this advisor was able to reverse this egregious error, and a refund of $104,000 in premiums was issued to the company.

Dire Warning #1: Workers’ Comp is complex and confusing. So much so that without training, the odds of making mistakes, not catching them, being penalized, and burning what amounts to a briefcase full of cash by overpaying premium year after year are high.

Dire Warning #2: Without someone IN THE COMPANY with real knowledge of how the system works, your Premium Audit may be littered with classification errors and other errors that drive up your premiums SKY HIGH.

Dire Warning #3: Trusting an agent to know the intricate details of how to reach your minimum Experience Modification Factor, and expecting the agent to be knowledgeable enough to give expert advice on how to pay the lowest premium possible, or trusting the insurance company to do it for you, is a terrible mistake that may cost you a fortune in needless premium overpayment

The only solution is to take responsibility for yourself. And now you can.

Introducing the Institute Of WorkComp Professionals' first-ever deep-dive training for savvy business owners and key individuals who handle Workers’ Comp inside the company…

LOCKED & LOADED

The Locked & Loaded training puts you in charge of what may be one of your business's highest-cost items: your Workers’ Compensation Annual Premiums.

In terms of CASH-ON-CASH RETURN, this may be the most valuable training you ever consume or make available to key individuals in your company.

Locked & Loaded is a comprehensive 7-hour training that you or the key individual(s) you designate can consume at your own pace anytime online.

This training empowers YOU to take responsibility - and not hand that responsibility over to the often MISTAKE-RIDDLED “FILL IN THE BLANK” BLACK BOX PROCESS agents and insurance companies routinely rely on to determine how big a check you must write to be covered.
Our philosophy is simple.

YOU SHOULD BE IN CONTROL OF YOUR COMPANY’S CHECKBOOK.

And when it comes to Workers’ Comp, the ONLY way for you to be in control of your checkbook is to KNOW HOW THE SYSTEM WORKS – DO YOUR OWN CALCULATIONS and be CERTAIN your job classifications, your Experience Mod and everything else is correct – accurate – verified – and supported, in full, by the regulations.

This training gives you that power.
This training puts YOU in control.

My Guarantee to You…

I GUARANTEE those who attend my Locked & Loaded training, which is available anytime online, will be better qualified to do an accurate Experience Mod review than most agents and virtually all insurance company personnel.

I GUARANTEE that if upon completion of all modules, you are not satisfied with the training for any reason, you may ask for and will receive a full refund along with a note of thanks for attending the training.

And third…

I won’t be even a little surprised if a lower premium and a refund result from you or the key individual(s) who handle Workers’ Comp in your company attending this training.

That is why, when it comes to Workers’ Compensation Insurance, I ABSOLUTELY GUARANTEE that it is better to be smart than lucky.

For more details or to register, click the link below…

What You Don’t Know About Your WORKERS’ COMPENSATION May Cost You TENS OF THOUSANDS OF DOLLARS A Year In Premium Overpayment…

One of the biggest mistakes a business owner can make is trusting that their insurance agent understands workers' compensation.

LOCKED & LOADED

YOU SHOULD BE IN CONTROL OF YOUR COMPANY’S CHECKBOOK.

This training gives you that power. This training puts YOU in control.

My Guarantee to You…

This training gives you that power.
This training puts YOU in control.