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Ghost Policy: FAQs
We have received several questions regarding AlaCOMP’s ability to write Ghost Policies. The two most frequently asked questions are:
What is the premium for Ghost Policies?
Annual Premium for Ghost Polices is $750 plus $185 membership dues. The premium is fully earned but is prorated for mid-term binds.
**After October 15, 2022, a minimum premium of $160 will be in effect for the remainder of the policy term.
What type of accounts are eligible for Ghost Policy coverage?
Our team can quote a Ghost Policy on any account that falls within our current underwriting guidelines. Additionally, the employer must not use any employees, day laborers, or subcontractors. The owner is excluded.
If you have any additional questions, please contact Marketing or Underwriting .
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