The Fund Welcomes New Members!

by Roy Wheeler & Todd Shade

Congratulations and welcome to the TASB Risk Management Fund (the Fund). You have made a great choice in placing your trust with the Fund, the premier provider of risk management coverage and services to Texas educational entities. It is an honor to have the opportunity to be of service to you in our common goal to achieve educational excellence for all Texas schoolchildren.
Now that you have made the decision to join in either the Fund’s Property/Casualty, Workers’ Compensation, and/or Unemployment Compensation programs, you may be wondering “What do I do next?” The checklist provided below will assist you in completing all of the necessary steps to ensure a smooth and orderly transition.

All of the following items need to be completed and received by the Fund prior to the effective date of the coverage.

Property / Casualty

1. Contribution and Coverage Summary (CCS) – this document outlines coverage, pricing, limits, deductibles, etc. specific for your entity and must be signed and returned.
2. Interlocal Participation Agreement (IPA) – this document allows entities to come to together to collectively purchase various goods and/or services that they would otherwise purchase individually. This document must be signed and returned.
3. Updated Vehicle Log – if purchasing Automobile Liability and/or Automobile Physical Damage coverage you will need to provide the Fund with the most up to date list of items you wish to cover, don’t forget to include any mobile equipment as well.
4. Property Appraisal – if purchasing property coverage on your buildings, the Fund provides a commercial property appraisal of all your buildings using the Marshal Swift Commercial Building Valuation Software. A staff member will be contacting you soon to schedule a convenient time to begin the process.

Workers’ Compensation

1. Contribution and Coverage Summary (CCS) – this document outlines the specific funding option your entity has chosen based on annual estimated payroll provided in the proposal process. This document must be signed and returned.
2. Interlocal Participation Agreement (IPA) - this document allows entities to come to together to collectively purchase various goods and/or services that they would otherwise purchase individually. This document must be signed and returned.
3. Concentration of Risk Form – this document identifies the various locations in which your employees primarily reside throughout a normal work day to establish an occupancy profile.
4. Updated Estimated Annual Payroll – provide the most up to date estimated payroll for the upcoming plan year by classification code. 

Unemployment Compensation

1. Contribution and Coverage Summary (CCS) – this document outlines the specific funding option your entity has chosen based on annual reported wages. This document must be signed and returned.
2. Interlocal Participation Agreement (IPA) - this document allows entities to come to together to collectively purchase various goods and/or services that they would otherwise purchase individually. This document must be signed and returned.
3. Written Authorization – this document allows the Fund to represent your entity in relations with the Texas Workforce Commission (TWC). This document must be signed, notarized, and returned. 
4. ACH Form – this document captures the necessary financial information to draft your bank account for payment of the annual contribution. This document must be signed and returned.

That’s it; you should have all of the required documents submitted to enjoy membership in the TASB Risk Management Fund. For additional information or questions please visit the Fund’s website or contact your Risk Management Marketing Consultant at 800.482.7276.

So sit back and relax, after all, “We’ve Got You Covered”.