Carolinas Roofing and Sheet Metal Contractors - Self-Insurers Fund
CRSMC-SIF Workers Compensation Requirements
Carolinas Roofing and Sheet Metal Contractors - Self-Insurers Fund is the oldest worker's Compensation group funded in the Carolinas and could be saving you money!
Group membership approval is contingent on the following:
- Approval of membership in the Carolinas Roofing and Sheet Metal Contractors Association, Inc.
- Completion of the applications (competitor and credit references are importantt)
- A favorable Loss Control Survey
- Anticipated payroll by class code in order to produce proposal
- Three (3) years in business with prior Worker's compensation coverage information
- A minimum net worth of $25,000 (required of the South Carolina Worker's Compensation Commission)
- A minimum annual premium of $15,000
Annual premiums are payable monthly through self audi with 1/6 of the estimated annual premium placed in an escrow deposit at inception.