Course Information

CRIS

Workers Compensation for Contractors

Overview

The realm of workers compensation is constantly evolving. The interaction of workers compensation insurance with state workers compensation and federal workers compensation laws is unique in the insurance industry, and changes in these acts have profound effects. Since this is the most costly property and casualty insurance coverage for most contractors, the insurance products and methods of handling this risk have evolved and grown accordingly. This course provides detailed information on workers compensation and employers liability insurance and the market for coverage.

Summary Details

Hours

6.0

Price

$169.00

This course is not subject to discount pricing.

Save Time and Money with Additional Credit

Select all the additional credit you need and then add to cart

AFIS ^{Reciprocity Discount Program

Add renewal credit for any of your active IRMI certifications for $79.00/certification course. Simply select the additional credit you need before adding your renewal course to your shopping cart. You must have completed the CORE courses for the certification you are requesting credit for to properly update your certification status.}

ERIS ^{Reciprocity Discount Program

Add renewal credit for any of your active IRMI certifications for $79.00/certification course. Simply select the additional credit you need before adding your renewal course to your shopping cart. You must have completed the CORE courses for the certification you are requesting credit for to properly update your certification status.}

MRIS ^{Reciprocity Discount Program

Add renewal credit for any of your active IRMI certifications for $79.00/certification course. Simply select the additional credit you need before adding your renewal course to your shopping cart. You must have completed the CORE courses for the certification you are requesting credit for to properly update your certification status.}

MLIS ^{Reciprocity Discount Program

Add renewal credit for any of your active IRMI certifications for $79.00/certification course. Simply select the additional credit you need before adding your renewal course to your shopping cart. You must have completed the CORE courses for the certification you are requesting credit for to properly update your certification status.}

TRIP ^{Reciprocity Discount Program

Add renewal credit for any of your active IRMI certifications for $79.00/certification course. Simply select the additional credit you need before adding your renewal course to your shopping cart. You must have completed the CORE courses for the certification you are requesting credit for to properly update your certification status.}

INS ^{Add Insurance CE Credit to Your Course
Add insurance continuing education credit to your course for only a small additional charge. States where the course is approved will appear in the drop down menu. Once the state is selected you will then see the approved credit hours and fee. Ordering at the time of purchase will allow you to complete one exam and receive certificates of completion for each of the state credits added. Credits will be reported upon completion, where we report according to our reporting schedule for the state where credits are approved.}

CPA ^{Add CPA CPE Credit to Your Course
States where the course is approved will appear in the drop down menu. Once the state is selected you will then see the approved credit hours and fee. Ordering at the time of purchase will allow you to complete one exam and receive certificates of completion for each of the state credits added.
National Registry ID: 109414}

Learning Objectives

Understand how the workers compensation system evolved and how its laws and regulations apply to the construction industry.
Describe the scope of coverage provided under the workers compensation policy and utilize this information to make recommendations for coverages needed by contractors.
Analyze the various endorsements available for attachment and recommend specific coverage enhancements valuable to a contractor.
Explain the technicalities of workers compensation premium calculation and educate contractors about how workers compensation risks are rated, and analyze factors that can influence the final and long-term price that contractors pay for guaranteed cost programs.
Explain how an experience modifier is calculated and consequently be able to explain the impact of experience rating on a contractor’s premium

Designed For:

Property and casualty insurance agents, risk, safety, and finance professionals

WebCE® is registered with the National Association of State Boards of Accountancy (NASBA)as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org. For more information regarding WebCE administrative policies such as refunds, cancellations and concerns, please contact Support Services at 877-488-9313.

International Risk Management Institute, Inc. (IRMI) is the premier provider of risk and insurance continuing education and reference publications, and is considered the ultimate authority by leading insurance practitioners. Written by industry experts, IRMI courses provide the most up-to-date, practical and reliable information possible.

Course Information

Adding additional credit may change exam requirements.

Access Period:	12 months
Prerequisites:	None
Advanced Preparation:	None
Delivery Method:	Self-Study
PDF Download:	Available
Provider of Record:	WebCE
Field of Study:	Specialized Knowledge
Last Reviewed:	January 2025
Study Level:	Intermediate
Approved For:	Renewal

Exam

Proctor:	No
Passing Grade:	70
Questions:	50
Retakes:	Unlimited

At WebCE, we are passionate about delivering exceptional professional development solutions. With world-class customer support and education to serve multiple professions, we're here to help professionals reach their career goals.

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