304.50-130 Members to receive evidences of coverage -- Contents.
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Each member of a workers’ compensation self-insured group shall receive written
evidence of coverage by the group.
All evidences of coverage issued pursuant to this section shall contain coverage
terms, conditions, and exclusions.
All evidences of coverage issued pursuant to this section by a self-insured group
shall contain the following disclosure in prominent contrasting type: THIS
COVERAGE HAS BEEN PLACED WITH A WORKERS’ COMPENSATION
SELF-INSURED GROUP WHICH IS REGULATED BY THE KENTUCKY
DEPARTMENT OF INSURANCE AND HAS RECEIVED A CERTIFICATE OF
FILING FROM THE COMMONWEALTH OF KENTUCKY. CLAIMS AGAINST
GROUP MEMBERS ARE COVERED BY THE SELF-INSURED GROUP
INSURANCE GUARANTY ASSOCIATION, BUT ARE NOT COVERED BY
THE KENTUCKY INSURANCE GUARANTY ASSOCIATION. GROUP
MEMBERS SHALL BE ASSESSED IN THE EVENT OF INSOLVENCY OF
THE WORKERS’ COMPENSATION SELF-INSURED GROUP.
All evidences of coverage issued pursuant to this section by a workers’
compensation self-insured group formed by governmental entities which have joint
and several liability shall contain the following disclosure in prominent contrasting
type: THIS COVERAGE HAS BEEN PLACED WITH A WORKERS’
COMPENSATION SELF-INSURED GROUP WHICH HAS RECEIVED A
CERTIFICATE OF FILING FROM THE COMMONWEALTH OF KENTUCKY.
CLAIMS AGAINST GROUP MEMBERS ARE NOT COVERED BY THE
KENTUCKY INSURANCE GUARANTY ASSOCIATION.
Effective: July 15, 2010
History: Amended 2010 Ky. Acts ch. 24, sec. 1644, effective July 15, 2010. -- Created
2005 Ky. Acts ch. 7, sec. 26, effective March 1, 2005.
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