Form WC-82B Bond of Employer Carrying His Own Risk - Missouri

What Is Form WC-82B?

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

FAQ

Q: What is Form WC-82B?A: Form WC-82B is the Bond of Employer Carrying His Own Risk in Missouri.

Q: What is the purpose of Form WC-82B?A: The purpose of Form WC-82B is to serve as a bond for employers in Missouri who choose to self-insure against workers' compensation claims.

Q: Who is required to submit Form WC-82B?A: Employers in Missouri who carry their own risk for workers' compensation claims are required to submit Form WC-82B.

Q: Is there a fee for submitting Form WC-82B?A: Yes, there is a fee associated with submitting Form WC-82B. The fee amount may vary.

Q: Are there any specific requirements for the bond?A: Yes, the bond must be in the amount of at least $100,000.

Q: How long is the bond valid?A: The bond is valid for one year and must be renewed annually.

Q: What happens if an employer fails to maintain the required bond?A: If an employer fails to maintain the required bond, they may lose their authorization to self-insure and could be subject to penalties.

Q: Are there any alternatives to submitting a bond?A: Yes, employers can also meet the self-insurance requirements through the use of a trust fund or a letter of credit.