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Classification Phraseology as of:
9/1/2023
 
Classification Code:
4683(1)
 
Phraseology:
VEGETABLE OIL MFG. OR REFINING — N.O.C.
Footnote:
This classification applies to the extraction and refining of oil from vegetables, seeds (not cottonseed) and nuts, including but not limited to olives, peanuts, safflower seed, coconut meat and soy beans.

This classification also applies to processing and refining waste cooking oil to produce fuel oil, including biodiesel.

The extraction and refining of cottonseed oil shall be classified as 4683(2), Cottonseed Oil Mfg. or Refining.

Industry Group/Related Classifications:
Approved Pure Premium Rate:
To learn how approved pure premium rates are different than insurer rates, click here.
Effective DatePure Premium RateNote
9/1/2023$2.82New/Renewal
9/1/2022$2.97New/Renewal
9/1/2021$3.35New/Renewal
Prior Phraseology and Footnote:
Shown below is the previously published phraseology and footnoteEffective Date

Phraseology:
OIL MFG. OR REFINING — vegetable — N.O.C.

1/1/2015
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The Classification Search was developed by the WCIRB for your convenience to help you identify Standard Classifications based on keywords or a classification code. However, you cannot rely solely on the Classification Search and must make an independent assessment when determining the appropriate classification(s) assignable to a risk in accordance with the USRP.