nonratable elements
Nonratable elements are a type of charge, especially in workers compensation rating, that is based on a catastrophic type of exposure and is thus excluded from ordinary rate making and is also not subject to experience rating and retrospective rating.
nonratable elements
Nonratable elements are a type of charge, especially in workers compensation rating, that is based on a catastrophic type of exposure and is thus excluded from ordinary rate making and is also not subject to experience rating and retrospective rating.
Additional Information
An example of a nonratable element is an aircraft seat surcharge.
