Comprehensive Year-End Declaration for Workers' Compensation & Liability Policy Renewal

1. Policyholder & Business Classification Identifiers

Provide accurate identification and classification details for the policyholder entity. All fields marked as mandatory must be completed to ensure proper policy matching and risk assessment.


Legal Entity Name

Trade Name (DBA)

Primary Policy Number(s)

Policy Period Start Date

Policy Period End Date


Corporate Risk Officer Full Name

Risk Officer Official Title

Risk Officer Direct Email

Risk Officer Contact Phone

Primary Business Classification Code

Secondary Business Classification Codes (if applicable)

Business Organizational Structure

Have there been any changes to the legal entity structure during the policy period?


Has the company undergone any name changes or rebranding during this period?


Have there been significant changes to primary business operations or services offered?


2. Annual Payroll & Contractor Disbursement Breakdown

Declare complete and accurate payroll data by classification. Include all employee compensation and third-party contractor disbursements. Significant variances from prior year declarations will require detailed explanation.


Total Annual Payroll (excluding contractors)

Payroll Distribution by Classification Code

Classification Code

Classification Description

Annual Payroll Amount

Number of Employees

Overtime Payroll

Bonus & Commission Payroll

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

Total Overtime Payroll (all classifications combined)

Total Bonus & Commission Payroll (all classifications combined)

Has total payroll increased or decreased by more than 15% compared to the prior policy period?


Total Third-Party Contractor Disbursements (1099 or equivalent)

Contractor Disbursements by Service Type

Service Type

Contractor Classification

Total Disbursement

Number of Contractors

Certificate of Insurance Obtained

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

Payroll Allocation Method Used

Do any employees split time between multiple classification codes?


3. High-Risk Job Classification & Exposure Changes

Identify and quantify any changes to high-risk job classifications, operational exposures, or work environments that may impact risk assessment and premium calculation.


Have any new high-risk job classifications been added during this policy period?


Has the number of employees in existing high-risk classifications changed by more than 20%?


Has the company commenced any new operations, services, or product lines?


Have there been any new geographic exposures including international operations or remote work expansions?


Have new physical or environmental hazards been introduced to the workplace?


Has there been significant changes to work schedules including shift work, overtime hours, or seasonal patterns?


Has the company acquired new equipment, machinery, or vehicles that alter operational risk?


Were there any reportable incidents, claims, or near-miss events during this period?


4. Safety Program & Loss Control Credits Check

Evaluate and document the organization's safety management systems, loss control initiatives, and eligibility for premium credits or discounts based on risk mitigation efforts.


Does the organization maintain a formal, written safety and health program?


Select all safety program elements currently implemented and active:

Total Annual Safety Training Hours (all employees combined)

Is there a designated safety committee or safety officer position?


Frequency of Formal Safety Inspections

Rate the effectiveness of the following safety program components (1=Poor, 5=Excellent)

Poor

Fair

Average

Good

Excellent

Management Commitment

Employee Participation

Hazard Identification

Training Quality

Incident Reporting Culture

Corrective Action Follow-through

Select all loss control credits or discounts for which the organization believes it qualifies:

Upload supporting documentation for loss control credits (certificates, audit reports, program descriptions)

Choose a file or drop it here
 

Have there been any modifications to the safety program during this policy period?


Total Recordable Incident Rate (TRIR) for this period

Total Annual Investment in Safety Programs & Equipment

5. Chief Financial Officer & Auditor Verification Sign-Off

Final verification and attestation by authorized financial leadership and independent audit confirmation. This section requires official signatures and supporting documentation to validate the accuracy of all reported data.


Chief Financial Officer Full Name

CFO Official Title

CFO Digital Signature

CFO Signature Date

Independent Auditor Firm Name

Auditor Report Date (if applicable)

I hereby certify that the payroll and exposure data reported herein has been reviewed against official company financial records and is accurate to the best of my knowledge.

I confirm that all contractor disbursements have been properly classified and reported in accordance with applicable insurance reporting standards.

I attest that the information regarding high-risk classifications and operational changes is complete and transparent.

I acknowledge that material misrepresentation or omission of facts may result in policy cancellation or premium adjustment.

Upload Audited Financial Statements or Review Report supporting the payroll figures declared

Choose a file or drop it here
 

Upload General Ledger Payroll Summary or Certified Payroll Register

Choose a file or drop it here
 

Were there any material audit findings related to payroll or employee classification?


By submitting this form, the undersigned certifies that all information is true, complete, and accurate. The organization agrees to notify the insurer of any material changes that occur after submission but before policy renewal.

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