Form SI GROUP Application for Group Self Insurance Association Permit - Oklahoma

What Is Form SI GROUP?

This is a legal form that was released by the Oklahoma Workers Compensation Commission - a government authority operating within Oklahoma. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is a Form SI GROUP Application?
A: Form SI GROUP Application is a document used to apply for a Group Self Insurance Association Permit in Oklahoma.

Q: What is a Group Self Insurance Association Permit?
A: A Group Self Insurance Association Permit allows a group of employers to self-insure for workers' compensation in Oklahoma.

Q: Who needs to fill out the Form SI GROUP Application?
A: Employers who want to form a Group Self Insurance Association in Oklahoma need to fill out the Form SI GROUP Application.

Q: What information is required in the Form SI GROUP Application?
A: The Form SI GROUP Application requires information about the group's members, officers, administrators, and financial arrangements.

Q: Is there a deadline for submitting the Form SI GROUP Application?
A: There is no specific deadline for submitting the Form SI GROUP Application, but it is recommended to submit it at least 60 days before the desired effective date of the permit.

Q: Can a Group Self Insurance Association be formed by a single employer?
A: No, a Group Self Insurance Association must have at least two employers as members.

Q: Can a Group Self Insurance Association be formed by employers from different industries?
A: Yes, employers from different industries can form a Group Self Insurance Association.

Q: What are the advantages of forming a Group Self Insurance Association?
A: Forming a Group Self Insurance Association allows employers to have more control over their workers' compensation program and potentially save money on premiums.