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What is CAD 7?

CAD-7 is an acronym for Council Amendment to Draft #7. The plan, prepared in consultation with the construction industry, is designed to encourage and improve safety in the workplace and to more closely relate employer premiums to accident experience.

How does the cad-7 program work?

In the CAD-7 program, your firm can earn either lump sum refunds or surcharges based on your individual accident costs and frequency. For example, if you have a good cost and frequency record, then your firm will be refunded a portion of your premium.

What is the cad-7 experience rating plan?

The CAD-7 experience rating plan covers all of the rate groups in Class G: Construction. To qualify for CAD-7, employers registered in Class G must have average annual premiums that exceed $25,000.

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