Welcome Wichita SHRM luncheon attendees!

You can find copies of our PowerPoint presentation and Forms from our Work Comp presentation by clicking the below:

Powerpoint Presentation

Forms

    CIG – Workers' Compensation Services and Solutions

CIG Insurance has access to over forty national Workers Compensation carriers including Hartford, Travelers, Accident Fund, Zurich, CNA, Midwest Insurance and Liberty Mutual.  Whether your company is small, medium, or large we can handle all of your Work Comp needs.

Services:

• Fast and Friendly Customer Service
• Team of Professionals Dedicated to your Business
• Review Class Code to Ensure Employee Job Description of Accuracy
• Audit Review and Assistance in Audit Remuneration Disputes
• 24/7 Claims Assistance
• Certificates of Insurance Delivered, via e-mail or fax, same day
• Online Safety Training Videos
• Optional Payment Plans
• Deductible Options
• Loss Run History Review
• Experience Modification check for accuracy
• Dedicated Claims Department

   For more information contact us at (316) 682-7770 today!

   Workers Compensation Facts:

• Unless specifically added to a policy, there is no Employers Liability coverage in the state of North Dakota, Ohio, Washington or Wyoming.  For Workers Compensation Coverage in these states, you must purchase coverage directly from the states listed.
• In the state of Kansas, pay for vacations, sickness and holidays can be exluded from the payroll if the proper records are maintained.  Dismissal or severance payments except for time worked are also exluded. (Kansas Payroll Rules)
• In most other states, dismissal or severance payments except for time worked or vacation are excluded.
• Most Workers Compensation laws provide that you are responsible for injury to employees of your subcontractors who are not otherwise covered by Workers’ Compensation.  In addition, your insurance company may charge additional premium for them as employees.
• 2009 Corporate Payroll for Kansas - $18,200 Minimum per year, $2,800 Max per week, $145,600 Max per year.
• 2009 Set Owner Payroll for Sole Proprietorship, Partnership & LLC in Kansas - $40,300
• Kansas Workers' Compensation Statute K.S.A. 44-505, Application of Act, states that an employer with an annual payroll of $20,000 or more for all employees is required to provide Workers Compensation coverage

Kansas Payroll Rules

    Includes:

• Wages or salaries (including retroactive wages or salaries)
• Total cash received by an employee for commissions and draws against commissions.
• Bonuses including stock bonus plans.
• Extra pay for overtime work
• Payment by an employer of amounts that would have been withheld from employees to meet statutory obligations for insurance or pension plans such as the Federal Social Security Act or Medicare.
• Payment to employees on any basis other than time worked, such as piecework, profit sharing or incentive plans.
• Payment or allowances for hand tools or hand-held power tools used by employees in their work or operations for the insured. These tools may be supplied directly by the employee or to the employee through a third party.
• The rental value of an apartment or house provided to an employee based on comparable accommodations.
• The value of lodging, other than an apartment or house received by an employee as part of their pay to the extent shown in the insured's records.
• The value of meals received by employees as part of their pay to the extent shown in the insured's records.
• The value of store certificates, merchandise, credits or any other substitute for money received by employees as part of their pay.
• Payments for salary reduction, employee savings plans, retirement or cafeteria plans (IRC 125) that are made through employee-authorized salary reduction from the employee's gross pay.
• Davis-Bacon wages or wages from a similar prevailing wage law.
• Annuity plans
• Expense reimbursements to employees to the extent that an employer's records do not confirm that the expense was incurred as a valid business expense.
• Exception: When it can be verified that the employee was away from home overnight on the business of the employer, but the employer did not maintain verifiable receipts for incurred expenses, a reasonable expense allowance, limited to a maximum of $30 per day, is permitted.
• Payment for filming of commercials excluding subsequent residuals that are earned by the commercial's participant(s) each time the commercial appears in print or is broadcast.

  Excludes:

• Tips or other gratuities received by employees
• Payments by an employer to group insurance or group pension plans for employees, other than those covered by Rule 2-B-1-f and Rule 2-B-1-m.
• Payments by an employer into third-party trusts for the Davis-Bacon Act or a similar prevailing wage law provided the pension trust is qualified under IRC Sections 401(a) and 501(a).
• The value of special rewards for individual invention or discovery.
• Dismissal or severance payments except for time work.
• Payments for active military duty.
• Employee discounts on goods purchased from the employee's employer.
• Expense reimbursements to employees to the extent that an employer's records confirm that the expense was incurred as a valid business expense. Reimbursed expenses and flat expense allowances (except for hand or hand-held power tools) paid to employees may be excluded from the audit only if all three of the following conditions are met:
• The expenses are incurred for the business of the employer
• The amount of each employee's expense payments or allowances are shown separately in the records of the employer
• The amount of each employee's expense reimbursement is a fair estimate of the actual expenses incurred by the employee in the conduct of his/her work
• Supper money for late work.
• Work uniform allowances.
• Sick pay paid to an employee by a third party such as an insured's group insurance carrier that is paying disability income benefits to a disabled employee.
• Employer-provided perks such as:
• Use of company-provided automobiles
• Airplane flights
• Incentive vacations (e.g., contest winners)
• Discounts on property or services
• Club memberships
• Tickets to entertainment events
• Employer contributions to employee benefit plans such as:
• Employee savings plans
• Retirement plans
• Cafeteria plans (IRC 125)
• Pay for holidays, vacations, or periods of sickness, provided the insured’s books and records are maintained to show such pay by employee and in summary by classification.