Initial General Assessment
What You Don't Know CAN Hurt You
The Initial General Assessment ("IGA") consists of an evaluation of an employer's compliance status in most of the aspects that have an impact over policy premium and coverage.
The IGA provides a baseline over which employers can work to:
- Achieve compliance with the Act.
- Mitigate exposure as a result of previous noncompliance.
- Set aside funds to cover for potential exposure.
- Identify premium savings.
- Ascertain correct classifications.
- Develop effective programs to manage accidents, and subcontracted services.
- Develop strategies to address forthcoming audits from the SIF.