VCAP® Service operates as a supplemental program to
RMAPS® Online Application Service assigned risk application process.
- Voluntary coverage providers participating as VCAP® Service users must meet the following eligibility requirements:
- Election in the Workers Compensation Insurance Plan as a participant in the National Workers Compensation Reinsurance Pool or as a Residual Market Direct Assignment Carrier
- Licensed to write workers compensation insurance in the approved jurisdiction(s)
- Have an A.M. Best Financial Strength Rating (FSR) minimum of B+
- The voluntary coverage providers set up their own contact information and banking information for deposit premium transfer
- In addition, the voluntary coverage providers set up their own underwriting criteria, which includes but is not limited to:
| Governing state(s) | Experience rating modification range |
| Governing class code(s) | Business type (existing, new, or all) |
| Estimated premium range | Number of employees |
| Estimated payroll range | Subcontractors |
- All applications (electronic, mail-in, and phone-in) are directed through NCCI’s
RMAPS® Online Application Service and reviewed to see if they meet a voluntary coverage provider’s criteria. Coverage providers and producers receive a real-time electronic notification that the applicant meets a voluntary coverage provider’s criteria.
- If multiple coverage providers’ criteria are met, the application information is sent to all.
- Coverage providers have three business days to review and determine whether they want to make an offer of voluntary coverage.
- The producer and voluntary coverage provider work together to negotiate a “reasonable offer of voluntary coverage.”
- The first coverage provider to receive acceptance of a confirmed offer from the producer issues the policy.
- The producer must accept on behalf of the employer any “reasonable offer of voluntary coverage” made by a voluntary coverage provider through
VCAP® Service.
- The producer may reject an offer of voluntary coverage if:
- The offer is greater than the assigned risk premium
- The carrier’s A.M. Best financial rating is less than B+
- The offer does not meet the coverage requirements of the employer
- A large deductible/deposit that is a financial burden to the employer is required
- The voluntary coverage provider confirms the voluntary offer online and the application does not proceed through the
RMAPS® Online Application Service process.
- If an offer of voluntary coverage is not extended, the assigned risk application continues through
RMAPS® Online Application Service, subject to all Workers Compensation Insurance Plan eligibility requirements.
