Wc Form 18 PDF Details

The WC Form 18, known officially as the Employer’s Application for Self-Insurance, plays a crucial role for employers in Alabama seeking the authority to self-insure their workers' compensation liabilities, as permitted under the state’s Workers’ Compensation Law. By filling out this form, employers supply comprehensive details about their operations, financial stability, and compliance with state law to the Department of Labor, which evaluates if the employer possesses sufficient financial capacity to cover compensation claims independently. This application process necessitates the disclosure of various pieces of information, including business structure, manufacturing or operational details, employment data such as the number and payroll of employees, and historical accident statistics. Additionally, applicants must demonstrate a commitment to meeting all obligations set forth by the law, including providing necessary benefits to employees and maintaining open communication with the Department of Labor on any changes in their insurance coverage or financial status. The implication of submitting this form, along with a $500.00 application fee, highlights an employer's readiness to undertake significant responsibilities and adhere to strict regulatory guidelines to ensure the welfare of their employees, demonstrating a complex interplay between businesses' operational freedom and the regulatory framework designed to protect workers.

QuestionAnswer
Form NameWc Form 18
Form Length4 pages
Fillable?No
Fillable fields0
Avg. time to fill out1 min
Other namesalabama form self pdf, form for unemployment self employed alabama, alabama dot self certification form, alabama form self

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WC Form 18

Revised 10/12

EMPLOYER’S APPLICATION FOR SELF INSURANCE

(Submit one completed copy)

CONFIDENTIAL

To the DEPARTMENT OF LABOR:

The undersigned, an employer subject to the provisions of the Alabama Workers’ Compensation law, as last amended, hereby applies for the privilege of self-insuring the payment of compensation provided in that law, and submits the following facts under oath to the Department of Labor to enable it to determine if sufficient financial ability exists to render certain the payment of such compensation:

1.Name of Applicant _______________________________________________________________________

2.Address

P.O. Box

(Number)

(Street)

(City or Town)

(County)

(State) (Zip)

Telephone ( )

 

 

AL U.C. Number

 

 

 

EMPLOYER IDENTIFICATION NUMBER

3. The applicant is

(State whether individual, co-partnership, limited partnership, corporation, receiver or trustee)

4.briefly the general character of the operations performed and the articles manufactured or compounded at or away from the plant or premises of the applicant.

5.Description of employment:

Location of Plant or Plants

Kind of Equipment

Estimated average

Estimated average

Estimated payroll of all

number of employees at

number of employees in

Alabama employees for

all points

Alabama

ensuing year

 

 

 

 

 

 

6. If a Corporation or Limited Partnership list below names of officers, directors, and residence of each:

NAME

OFFICIAL TITLE

ADDRESS

7.If a Limited Partnership, give date of formation and duration

8.If a Partnership, list below names of members and residence of each

9.If Individual, give name and residence

10.If a Corporation, answer the following: Chartered under the laws of the State of

Date of incorporation_____________________ Authorized Capital Stock: (Common) $

(Preferred) $

11.Is applicant a subsidiary? ________ Give name and address of parent company

(Subsidiaries must have separate applications and indemnity agreements)

12. If foreign corporation, give address of Home Office

13.Date when self-insurance is desired______________________________20_____12:01 a.m.

14.Are you now complying with Section 25-5-8 of the Law, by carrying workers’ compensation insurance on your employees? If so, indicate the name of the insurance company (not local agent) with whom you are insured.

15.What is the expiration date of your present policy?__________________________________

16.Are you now, or have you been within the past three years, an assigned risk for workers’ compensation insurance? (Give dates and details on separate page, if necessary)

17.As a self-insurer, will you deal directly with your employees in workers’ compensation matters, or through an approved service organization? If the latter method is to be used, give name and address of the organization.

18. Past three-year Accident Experience:

__________ ____________

____________

Number of deaths

__________

____________

____________

 

 

 

Alabama Workers’ Compensation Premiums

$_________

$___________

$____________

Alabama Workers’ Comp Incurred Losses

$_________

$___________

$____________

19.Are there any outstanding unpaid judgments subject to execution rendered against the applicant under the provisions of the Workers’ Compensation Law, as last amended? (Give amounts and details on separate page, if necessary)

20.Applicant must attach audited or certified financial reports for the prior three years of operation.

21.Applicant must submit a $500.00 application fee with each application submitted.

Make payable to:

Department of Labor Workers’ Compensation Administrative Trust Fund.

 

22.

Name of excess insurance carrier (if any)

 

 

 

 

 

 

 

 

 

 

Amount of Retention $

 

 

 

Specific, Aggregate, or both?

 

 

 

23.

Relate facts, covering past three years:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Year Ending

Sales (Omit cents)

 

Expenses (including

 

Payroll

Profit or Loss

 

 

 

 

 

 

payroll)

 

 

 

 

(Specify)

 

 

20

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

20

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

20

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

24.

Has the applicant, or its parent corporation, every filed for bankruptcy?

 

 

If yes, give details on separate sheet.

 

AGREEMENT CONDITIONS

25.In consideration of the approval of this application, the applicant expressly agrees:

(a)That this privilege may be revoked at any time in the discretion of the Secretary of Labor as provided in Section 25-58 (d1) of said Law, as amended.

(b)That the applicant will promptly furnish adequate hospital, medical, surgical, and burial benefits within the limits of the Law.

(c)That the applicant will discharge liability for compensation to injured employees or their dependents in accordance with said Law’s requirements.

(d)That reports will be promptly furnished the Department in strict accordance with Sections 25-5-4, 25-5-5 and 25-5-7 of said law.

(e)That the applicant will not solicit, receive or collect from his employees, any part of the cost to him of operating under this Law.

(f)That the applicant will promptly notify the Department upon insuring his workers’ compensation liability with a private casualty insurance company, thereby cancelling his self-insurance privileges.

(g)That a copy of the company’s annual report, or statement of assets and liabilities, will be mailed to the Department at the close of each fiscal year, as evidence of continued financial ability to self-insure its liability under said Law.

(Signed)________________________________________

(Title)__________________________________________ STATE

OF ________________________________ COUNTY OF ______________________________

__________________________________, being first duly sworn, appeared personally and declared that the

facts set forth in the foregoing application are true to the best of his knowledge, information and belief. Subscribed and sworn to before me, this __________ day of __________________________, 20_____

(Notary Public) (SEAL) My commission

expires on the __________ day of _________________________, 20_____