What Is Self-Insurance?
Self-Insurance is the right of an employer to pay workers’ compensation benefits directly to an employee without needing to have a workers’ compensation policy. Utah law allows employers to self-insure if they meet certain specific criteria.
How To Apply
To apply for self-insurance status, an employer must submit the following:
After considering the application and all supporting information, the Division will approve or deny the self-insurance application. An applicant whose request is granted will receive a Certificate of Self-Insurance, which can be renewed annually. Denied applicants have the right to appeal the decision to the Labor Commission’s Adjudication Division.
Self-insured status must be reviewed and renewed annually. A renewal application must be submitted at least 60 days prior to the expiration of the current certificate along with a $650 nonrefundable application fee and a recent certified audit report.