Workers' compensation policy

When you set up a workers' compensation policy, you enter general information about the policy into Payroll. This includes a policy code and description, the policy number, the insurance company that provides WC coverage for the policy, the contact at the insurance company, and the effective dates of the policy.

You also define a policy code that you select when you set up United States workers' compensation classes.

Canada organizations do not set up workers' compensation policies; they define the workers' compensation account number on each workers' compensation class.