Policy Conditions

Part VI of a workers’ compensation policy is the policy Conditions. They include:

  • The insurer’s right — but not its duty — to inspect the insured employer at any time
  • The right of either party to cancel the policy during the policy term, with written notice
  • The policy’s status as a long term policy: the contract will renew itself each year unless it is cancelled
  • The first named insured is the sole representative responsible for the policy
  • The need for the insurer’s written consent in order to assign the policy to a new insured