General Criteria


To help you determine whether a prospective company will be considered for ClearPath Mutual, we have developed the following underwriting guidelines. Please keep in mind that these are generalizations and exceptions may be considered on a case-by-case basis.

The prospective policyholder must:

  1. Have been in business for more than 3 years with prior workers' compensation coverage and demonstrate financial stability. Must supply ClearPath Mutual with their federal ID number.
  2. Have a net worth equal to or greater than two (2) times the annual ClearPath Mutual premium in order to qualify for the payment plan, otherwise the full premium is due at inception.

Experience Modifications

Unless an NCCI experience modification (mod) is applicable, the current mod factor is used for the first two years of coverage. Then ClearPath Mutual promulgates mods using the same formula as NCCI. Business submitted with a mod factor under 1.30 is eligible for acceptance. Mods of 1.30 or higher may be considered on a case-by-case basis.

Minimum Premium

The minimum premium for coverage in ClearPath Mutual varies by the class of business. As a general rule, the minimum premium starts at $500 and increases as the exposure to hazard increases.

Binding Authority

As soon as you receive a quote you may consider the account eligible to bind.  To bind coverage you must notify us by the effective date of coverage. Notification may be by email, fax, mail, or telephone.  The agent should collect the down payment and forward to us by the policy effective date. If loss runs have not been submitted, the agent must do so in order to bind the account. Loss runs should be for the current policy year and three (3) preceding years. The loss runs should have current valuation dates (within 90 days of inception date).

Policy Documents

As coverage is bound, we send the ClearPath Mutual policy form and endorsements to the new policyholder.

Renewal Standards

Agents will receive renewal quotes approximately 60 days prior to the renewal date; policyholders will receive renewal letters and quotes approximately 30 days prior to the renewal effective date.  Renewal policies will not be issued until payment is received.  If down payment is not received on or before the policy effective date, coverage is not provided.  ClearPath Mutual will send a reminder notice to the policyholder approximately 10 days prior to the effective date notifying them that coverage will cease as of the policy effective date.

Certificates of Insurance

Please note that it is not necessary to send us copies of Certificates of Insurance issued to your customers indicating they have coverage with ClearPath Mutual. Please also note not to alter, change, or add any wording to the certificate (e.g. waiver of subrogation, additional insured, cancellation notice).