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KARE is a fully insured product written through three distinctive pricing tiered companies that are part of the ACE-USA Group of Insurance Companies. ACE-USA enjoys an A.M. Best Co. rating of A (Excellent) XIII, with over $30 billion in assets and is ranked among the top 20 property/casualty insurance groups in the United States.

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Through our arrangement with ACE, KARE writes workers' compensation insurance in all contiguous states in the country, with the exception of monopolistic states.* The only qualification criteria is that 60% or more of the total premium must come from Kentucky or Indiana based operations. If your client qualifies, other states coverage may be added at the policy inception date or anniversary date. In the case of an acquisition, merger, or expansion, however, it may be added mid-term.

There are many advantages to placing other states coverage with KARE, including:

Efficiency - Because a single policy covers all operations, there is
no need for multiple policies with multiple effective dates to track.

Convenience - KARE will provide your client with a single
combined billing for all workers' compensation coverage. Or if your
client prefers, we can provide separate bills for each location. As an
added convenience, KARE's flexible payment schedule options are
available for other states coverage as well.

Continuity - In most cases, the same loss control staff will
handle all of your client's locations. Presently, our staff visits and
assists accounts in Texas, Florida, North Carolina, Illinois,
Mississippi, and all points in between on a regular basis.

Local Management - While all claim handling is supervised from
our Lousiville claims office for consistency/continuity, KARE has
satellite claims offices in KY, IN, GA, TN, VA, PA, and IL, where local
staff with local claims knowledge handle local claims.

Cost Effectiveness - Placing other states coverage with KARE
can save your clients money. When policies are combined into one,
the premium discount is generally higher. This cost advantage is
often lost when multiple smaller premium policies are written.

*Monopolistic states include North Dakota, Ohio, Washington, West Virginia, and Wyoming.

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A variety of installment options are available to your clients on a direct bill basis, without any interest or per installment charge:

Annual payment (1 payment)
Monthly (12 equal payments)
Quarterly (4 equal payments
Preferred (25% down and the balance spread over 9 equal installments)

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To obtain a quote from KARE, you must submit the following information/documents. You may fax it to 502-489-6445 or email it to ronb@kareinsurance.com. If you have questions, contact our Underwriting Department.

Fully completed Acord application (Acord Form 130 - Workers'
Compensation Application
Currently valued loss runs from the past 3 to 5 years
Current Experience Modification Worksheet, or 3 years premium
audit data, not including current year

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