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What is the Final Premium based on? |
The final premium is based on your final payroll figures. The number of employees is not important. Many contractors, like roofers, have seasonal busy periods, then times when there is less of a need for employees. At the policy conclusion you'll pay the same for having one regular employee when the payroll comes to $10,000, or if you have no payroll until the last day then hire thirty guys for one day and that day's payroll comes to $10,000. (Assuming everything else is similar.) |
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