Retrospective Rating Entirely voluntary agreement between the insured and the insurer.
{"Image DocumentName": "Retrospective RatingEntirely voluntary agreement between the insured and the insurer.", "Image ImageDescription": "If the employer\u2019s payroll is such that a standard of premium of  1,000 or more is incurred. Is considered that the firm is large enough to develop experience that is partially credible. Standard premium is defined as what the employer would have paid at manual rates after adjustment for experience rating. But before any adjustment for retrospective rating. In practice, an employer likely to use retrospective rating is generally considerably larger than this.", "Image XResolution": "37", "Image YResolution": "37", "Image ResolutionUnit": "Pixels/Centimeter", "Image Software": "SlidePlayer", "Image YCbCrPositioning": "Centered"}