workers comp "warning signs"

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There are three definites for an American business: payroll, taxes and workers' compensation insurance. Let's face it, workers' compensation insurance is a necessary evil. However, just because the law requires it, doesn't mean you need to overpay for premiums.

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Page 1: Workers Comp "Warning Signs"

There are three definites for an American business: payroll, taxes and workers' compensation insurance. Let's face it,

workers' compensation insurance is a necessary evil. However, just because the law requires it, doesn't mean you

need to overpay for premiums.

Page 2: Workers Comp "Warning Signs"
Page 3: Workers Comp "Warning Signs"

We have the nation’s top Workers Comp professionals that specialize in recovering workers’ compensation premium overcharges at no cost to you. We review the past five (5) to seven (7) years insurance policies and premium calculations with the goal of locating errors and obtaining refunds for you on a contingency fee basis.

No Recovery, No Fee.Our history has confirmed that 8 out of 10 of our clients have overpaid their insurance carrier and have received a refund as a result of our review.

Documents Reviewed:Final Audit Billing Statements

Experience Rating Worksheet CalculationsPolicy Declaration Pages

Auditor WorksheetsLoss History Summaries & Claim Reserves

Special Rating Plans

We guarantee you to receive premium refunds or the peace of mind that you have been charged the correct premiums by your insurance carrier(s). It’s a win/win situation!

Page 4: Workers Comp "Warning Signs"

Phoenix Roofing Co Inc

Page 5: Workers Comp "Warning Signs"

Why should I look into this?

• The auditor that performs the annual payroll audit is either an employee of the insurance carrier or is contracted by the insurance carrier to conduct the payroll audit. The auditor's motivation is to prevent undercharges for the insurance carriers, not to determine if you've been overcharged.

• Last but not least, there is an inherent conflict between

the agent or broker’s role to reduce premium costs and the commissions earned on a workers’ compensation policy.

Page 6: Workers Comp "Warning Signs"

Do you have two or more of these warning signs already?

• Have not had an “independent” review in the last 3 years • Have concerns about accuracy of premiums • Pay 50K or higher in premiums • Pay significant overtime wages • Pay severance, allowance or bonuses • Had a divestiture or acquired a company • Had operations expand into new states • Closed some of your operations • Experienced a significant increase in premiums • Recently changed ownership or business operations• Participation in any OCIP/Wrap up project in last 5 years

Last year we found over 82% of our clients had errors and overcharges which mean they have overpaid their Workers Comp insurance carrier

and have received a refund check as a result of our "independent audit."

Page 7: Workers Comp "Warning Signs"
Page 8: Workers Comp "Warning Signs"

Next Step:If you are open minded to ways to reduce and/or recoup money you have

already spent on Workers Comp premiums over the last 7 years I’d like to set

up a 5-10 minute call to go over the process.

We work on a contingency bases so our interest is truly aligned with our clients.

I value every one of my client’s time so please forward me your direct number

or contact me directly.

Thank you for your interest,

Derek McGuire

Lost & Found Inc.

Direct 314-304-7810

[email protected]

www.lostandfoundcorp.com

"Excellence is never an accident: it is the result of high intention, sincere effort, intelligent direction, skillful execution and the vision to see obstacles as opportunities." Anonymous