LARGE DEDUCTIBLE
Partnering with MECC to meet a client’s Large Deductible Workers’ Compensation needs means that you receive more than just insurance coverage.
MECC offers single and multi-state Large Deductible programs to a broad range of industries, including Healthcare, Manufacturing, Retail, and Education. Exceptions include: Professional Employment Organizations (PEO), temporary employment and any industry with high potential occupational disease exposures.
Securing Large Deductible Workers’ Compensation coverage for the various states in which you operate requires specific data. When you are ready for us to handle your Large Deductible needs, the following information is needed to get started:
- Large Deductible application
- 3 years Audited Financial Statements
- 5 years Loss History for claims in excess of $50,000 for all operations
- 5 years loss information for total claims by state for all operations
In addition to the required data, MECC is seeking those with some experience with assuming risk in a loss sensitive rating plan.
When you team up with MECC, you will receive a variety of services bundled with coverage that can help you achieve Best Practice Performance in your program and improve your bottom line. These services include:
- Web Seminar Series (live and recorded web seminars)
- Online Safety Management Program tools
- Online training courses
- Benchmarking Services
- MECC Account Management Services
- MECC Claims Services
MECC believes that education is the key to making the right decisions. Please take a minute to review the attached article titled, “Why Are They Asking for so much Collateral?” This article provides information regarding:
- The purpose of collateral
- Financial Exposure analysis
- Financial Statement analysis
- Merging the Financial Statement analysis and the Financial Exposure analysis
For more information, please call: 877-975-2667.
* Large Deductible Application Form (PDF)
* Large Deductible Brochure
* Article on Collateral