Class code
A workers' compensation classification identifier used to group business operations or job exposures for rating and reporting.
Class codes organize workers' compensation exposures by the nature of business operations and work performed. They are used with payroll or another exposure base in developing premium and in statistical reporting.
NCCI publishes classification code resources for its jurisdictions, but some states use independent bureaus, state-special codes, or monopolistic-state systems. A class code is not the same thing as NAICS, and the correct code cannot be chosen solely from a job title.
Where this definition comes from
Glossary entries are anchored to a state agency, statute, board, commission, or recognized workers' compensation authority rather than a generalized summary.
More terms
- Additional insured
- Agricultural/farm labor exclusion
- Assigned risk pool / residual market
- Casual employment
- CE-200 (New York)
- Certificate holder
- Certificate of election
- Certificate of insurance (COI)
- Civil penalty (uninsured employer)
- Competitive state fund
- Construction vs non-construction classification
- Corporate officer