Which type of workers' compensation product allows the insured to receive money back after the policy period?

The type of workers' compensation product that allows the insured to receive money back after the policy period is the dividend plans. These plans are structured to return a portion of the premium to the policyholder if certain conditions are met, such as the company performing well and incurring fewer claims than anticipated. This acts as an incentive for businesses to promote workplace safety and reduce claims, thereby directly benefiting them financially.

In contrast, guaranteed cost plans typically do not offer any form of return on premiums as they are designed to provide coverage at a fixed rate without the possibility of refunds. Small deductible plans often include the insured paying a portion of claims out of pocket, which might reduce premium costs but does not involve dividends. Retrospective rating plans provide a premium that is adjusted after the policy term based on the actual losses incurred, typically resulting in a premium refund if losses are lower than expected, but this differs from the structured refunds of dividend plans.