Professional Employer Organization - Licensed Through an Assurance Organization License Application is a legal document that was released by the Utah Insurance Department - a government authority operating within Utah.
Q: What is a Professional Employer Organization (PEO)?
A: A Professional Employer Organization (PEO) is a company that provides human resources services to client businesses, such as payroll processing, employee benefits administration, and risk management.
Q: What is a Utah Assurance Organization License?
A: A Utah Assurance Organization License is a license required for Professional Employer Organizations (PEOs) operating in the state of Utah.
Q: Why is a PEO required to have an Assurance Organization License in Utah?
A: The Assurance Organization License ensures that the PEO is operating in compliance with Utah state laws, regulations, and requirements.
Q: What is the process for obtaining an Assurance Organization License in Utah?
A: The process for obtaining an Assurance Organization License in Utah involves submitting a license application, providing required documentation, and fulfilling any additional requirements set by the state.
Q: Who needs to apply for an Assurance Organization License in Utah?
A: Professional Employer Organizations (PEOs) operating in Utah need to apply for an Assurance Organization License.
Q: Are there any fees associated with obtaining an Assurance Organization License in Utah?
A: Yes, there are fees associated with obtaining an Assurance Organization License in Utah. The specific fee amount may vary.
Q: What are the benefits of obtaining an Assurance Organization License in Utah?
A: Obtaining an Assurance Organization License in Utah enables a PEO to legally operate in the state and provide its services to client businesses.
Q: Is the Assurance Organization License in Utah renewable?
A: Yes, the Assurance Organization License in Utah is renewable. PEOs must renew their license periodically to maintain compliance with state regulations.
Form Details:
Download a printable version of the form by clicking the link below or browse more documents and templates provided by the Utah Insurance Department.