Injured employees who remain off work longer increase claim costs, which affects your MOD. Without a formal return-to-work policy, claims can remain open longer than necessary, increasing the total payout and your future premiums. Long absences = costly claims and higher MODs.
Fraud is a crime
If your application contains purposefully misleading, absent, or inaccurate information, you could be charged with fraud. Your insurance carrier could potentially void your policy, or you could face civil or criminal charges or penalties.
Any person who knowingly and with intent to defraud any insurance company or other person, files an application for insurance or statement of claim containing any materially false information or conceals, for the purpose of misleading, information concerning any fact material thereto, commits a fraudulent act, which is a crime.
