Form LI / WC-BOND Bond Form for Self-insured - Vermont

What Is Form LI/WC-BOND?

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

FAQ

Q: What is the LI/WC-BOND Bond Form for Self-insured?
A: The LI/WC-BOND Bond Form for Self-insured is a form used by self-insured employers in Vermont to provide proof of their financial responsibility for workers' compensation liabilities.

Q: Who needs to use the LI/WC-BOND Bond Form for Self-insured?
A: Self-insured employers in Vermont who wish to secure their workers' compensation liabilities need to use this form.

Q: What is the purpose of the LI/WC-BOND Bond Form for Self-insured?
A: The purpose of this form is to provide assurance to the state that self-insured employers have the financial means to cover workers' compensation claims made by their employees.

Q: Is the LI/WC-BOND Bond Form for Self-insured mandatory?
A: Yes, self-insured employers in Vermont are required to submit this form as a condition of maintaining their self-insured status.