payroll limitation
Payroll limitation is a limitation on the amount of payroll for certain classifications used for the development of premium.
payroll limitation
Payroll limitation is a limitation on the amount of payroll for certain classifications used for the development of premium.
Additional Information
In workers compensation insurance, payroll limitations typically apply only to sole proprietors, executive officers, partners, and certain noted classifications. In general liability, payroll limitations typically apply to executive officers, sole proprietors, and partners. The limitation varies by state.
