Keeping your information current It is important that you keep us up to date with information about your business. Please notify your agent or your underwriter if: Any of the following change:
You expect your payroll to increase or decrease significantly. You have employees working out of Idaho. You add or delete business operations or locations. Family members who work in your business move in or out of your home. (This applies to sole proprietors only.) You restructure your business entity type. For example, you incorporate, form a legal partnership or LLC. You add or delete corporate officers or partners. You restructure the stock ownership of corporate officers. You cannot submit your payroll report or make your payment on time. You implement or discontinue a drug-free workplace program. As a State Insurance Fund policyholder, there will be a few things you will need to do in order to fulfill your policy obligations. These include: Complete and submit payroll reports on time, even if the payroll amount is zero. Payroll reports are due on the 21st of the month. The completed form has to be received in Boise by the due date, or procedures to cancel the policy for failure to report payroll will begin. Pay the premium due by the due date. The due date is printed on your statement. Promptly return any requests for additional information. Request certificates of insurance from contractors and subcontractors. This is one way you can save money. If you cannot provide certificates, you may be responsible for the contractors’ and subcontractors’ exposure and can be billed accordingly. Complete and submit a First Report of Injury if one of your employees is injured on the job. Return to compUpdate Idaho State Insurance Fund |