What is a CTR Contract? Consent To Rate Contract
Does your company’s worker’s compensation policy currently contain a CTR Contract - Consent To Rate Contract. If not, please be sure to have our team review your proposed renewals to confirm that your renewal does not contain this surcharge.
The CTR is a contract that your insurance company requires you to sign and consent to surcharged rates as a contingency to provide coverage or to offer a renewal for policy coverage. If your company is facing this situation in regards to your worker’s compensation insurance renewal, we urge to contact our offices and we will provide you with the best course of action for your renewal and help your company to avoid this surcharge.
