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Application To Individually Self-Insure Form. This is a South Carolina form and can be use in Workers Comp.
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Tags: Application To Individually Self-Insure, 7, South Carolina Workers Comp,
Page 1 of 3
South Carolina Workers’ Compensation Commission
SELF-INSURANCE DIVISION
1333 Main Street, Suite 500
P.O. BOX 1715
Columbia, SC 29202-1715
(803) 737-5706
APPLICATION TO INDIVIDUALLY SELF-INSURE
1.
Name:
2.
Address:
3.
Telephone Number:
4.
Employer’s Federal Identification Number:
5.
Applicant is a (check one):
(
)
-
Applicant’s SIC Code:
(A) Corporation
(B) Partnership
(C) Sole Proprietorship
(D) Subsidiary Corporation (whose parent is self-insured or applying to self-insure in this state)
(E) Other (Attach Explanation)
6. Are you now self-insured for workers’ compensation in other states?
Yes
No
If yes, list states and effective dates:
7. Do you have applications to self-insure pending in other states?
Yes
No
If yes, list states:
8. In the most recent fiscal year what was your workers’ compensation premium and experience modification for South Carolina?
Premium Amount:
Name of Present Carrier:
Experience Modification:
9.
Provide employment information for the current year for each business location in South Carolina (provide attachment if necessary):
Locations in South Carolina
Number of Employees in South Carolina
Estimated Payroll for South Carolina
Total:
10. Total number of employees company-wide:
For further information, refer to Article 15 of the South Carolina Workers’ Compensation Commission’s Regulations.
WCC Form # 7
Created 3/96
7
APPLICATION TO INDIVIDUALLY SELF-INSURE
American LegalNet, Inc.
www.FormsWorkFlow.com
Page 2 of 3
South Carolina Workers’ Compensation Commission
SELF-INSURANCE DIVISION
1333 Main Street, Suite 500
P.O. BOX 1715
Columbia, SC 29202-1715
(803) 737-5706
11. If a corporation or limited partnership list the names of officers, directors, and residence of each. If a partnership, list the
names of members and residence of each.
12. If a corporation: Date of charter
and State charter was obtained
13. Provide the following information for workers’ compensation claims information for South Carolina for the three most recent
years.
Number of
Claims
Year
Amount Paid
Medical
Indemnity
Amount Incurred
Total
Medical
Indemnity
Total
14. Name, title, address and telephone number for contact person for claims administration:
15. Name, title, address and telephone number for contact person for self-insurance tax and financial issues:
The undersigned, an employer subject to the provisions of the South Carolina Workers’ Compensation Law, hereby applies for
the privilege of being exempt from the necessity of insuring the payment of compensation provided in that Law, and submits the
following facts under oath to the South Carolina Workers’ Compensation Commission to enable it to determine if sufficient
financial ability exists to render certain payment of such compensation:
Reserved for Commission Use Only
Approved: _________________
Effective Date: ________________ SI No. _________________
For further information, refer to Article 15 of the South Carolina Workers’ Compensation Commission’s Regulations.
WCC Form # 7
Created 3/96
7
APPLICATION TO INDIVIDUALLY SELF-INSURE
American LegalNet, Inc.
www.FormsWorkFlow.com
Page 3 of 3
South Carolina Workers’ Compensation Commission
SELF-INSURANCE DIVISION
1333 Main Street, Suite 500
P.O. BOX 1715
Columbia, SC 29202-1715
(803) 737-5706
By:
Applicant’s Name:
Signature: ______________________________________________________________________________________
Sworn and subscribed before me this ______ day of _____________ year _____________
Notary Public for: _______________________________________________________________________________
My commission expires: __________________________________________________________________________
Attach the following:
1. $250 application fee, $100 for each subsidiary.
2. Description of the business, including operations and articles manufactured or services performed.
3. Description of your safety program.
4. Three years audited financial statements or Form 10K’s and most recent quarterly report.
5. Excess insurance quotes for South Carolina.
6. Name of carrier or bank providing the required surety bond or irrevocable letter of credit.
7. Statement describing proposed claims administration. Include a copy of claims service agreement. If handling claims in-house
provide resumes of claims staff and licensed adjuster(s).
When the applicant is a subsidiary company or a partnership, the Commission requires that the parent company, or any
other company or person holding stock in the applicant company, or a partner or partners in the partnership, shall give
satisfactory guarantee that the applicant will full and promptly pay all sums which are or may become payable under the
provisions of the South Carolina Workers’ Compensation Law and under the terms of the agreement contained in this
application.
For further information, refer to Article 15 of the South Carolina Workers’ Compensation Commission’s Regulations.
WCC Form # 7
Created 3/96
7
APPLICATION TO INDIVIDUALLY SELF-INSURE
American LegalNet, Inc.
www.FormsWorkFlow.com