Applying your Members’ Coverage Credit

By Laura Markunas

Wow! What an awesome Fund Members’ Conference we had this year! Not only did we have a spectacular motivational speaker, Jim “The Rookie” Morris, but for the seventh year in a row, the Fund will proudly award renewal Coverage Credit to each Fund member who sent a representative to the Conference. This credit is awarded by the Fund board because of the high value the Fund places on risk management training.

Members in attendance at the conference will receive up to $300 in coverage credit per line of coverage that can be applied to 2010-11 renewals if their contributions are paid by the due date.

Members can receive up to 50 percent of their contribution (to a maximum of $300) for each line of coverage for which coverage is renewed.

Members can receive up to 50 percent of their contribution (to a maximum of $300) for each line of coverage for which coverage is renewed. Remember, credits may be received throughout the year depending on the line of coverage and renewal date.  For example, if your Workers’ Compensation coverage renews September 1 and your contributions are received by the due date on the invoice, the coverage credit check will be sent October 1.  A note on the check stub will identify the appropriate line of coverage. 

Please also keep in mind that the coverage credit may only be applied toward a Fund contribution or Fund administrative fees and not to stop-loss or vendor fees.

If you have any questions, feel free to contact Sabrina Bullard at 800.482.7276, ext. 3343.