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Self-Insurer Request To Add Or Delete Subsidiary Affiliate Form. This is a Michigan form and can be use in Workers Comp.
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Tags: Self-Insurer Request To Add Or Delete Subsidiary Affiliate, WC-402A, Michigan Workers Comp,
SELF-INSURER REQUEST
TO ADD OR DELETE SUBSIDIARY/AFFILIATE
Michigan Department of Licensing and Regulatory Affairs
Workers’ Compensation Agency
Self-Insured Programs
7150 Harris Drive (48913)
PO Box 30016
Lansing, MI 48909
www.michigan.gov/wca
Employer Records
OFFICE USE ONLY
Approved/Denied
Effective
_____________
______________
Name of Current Self-Insurer
1. This is an
Addition
2. Subsidiary/Affiliate
Federal ID #
Deletion
Name
Federal ID #
Address
City
State
Zip Code
3. Entity to be added was chartered under the laws of the state of ___________________________on______/________/_____.
4. Michigan locations (attach additional sheets if necessary)
Name
Federal ID #
Address
City
State
Zip Code
5. Effective date requested: _____/_____/_____
6. Reason for addition/deletion (“acquisition,” “out of business,” “sold,” etc.)
FOR ADDITIONS ONLY: COMPLETE THIS SECTION
R 408.43(3) of the Worker’s Disability Compensation Act of 1969, as amended states: “Separate legal entities may be selfinsured under a single authority if they are majority-owned by the self-insured entity submitting the application or if the same
person or group of persons owns a majority interest in each entity on a single application.”
7. Does the existing self-insured employer have a majority ownership in the entity that will become self-insured?
Yes
No
If Yes, % of ownership_________%
8. In the alternative, does the same person or group of persons own a majority interest in both the current self-insured and
Yes
No
If Yes, attach additional sheets that list the person or group of persons
the entity to be added?
who own a majority interest in each entity and their % of ownership.
NOTE: If questions 7 and 8 have both been answered: “No,” the entity does not qualify for self-insured
authority with the current self-insured.
Yes
No
9. Will a claims payment guaranty be furnished by parent or affiliate if required?
10. Total number of Michigan employees of entity to be added _______________
11. Estimated amount of Michigan annual payroll for entity to be added $_________________
12. If aggregate excess insurance is required for current program, estimate increase in retention $______________
NOTE: Please attach financial statements for the new employer if not consolidated in financial statements of the
primary self-insured employer.
AUTHORIZED SIGNATURE
LARA is an equal opportunity employer/program. Auxiliary aids, services and other
reasonable accommodations are available upon request to individuals with disabilities.
WC-402A (8/11)
TITLE
Authority:
Completion:
Penalty:
DATE
Worker’s Disability Compensation Act of 1969, as amended
Mandatory
Denial/Termination of Self-Insured Status
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