WORKERS COMP PLAN

The Consolidated Construction Safety Fund of Illinois (CCSFI) provides an affordable and stable long-term workers compensation alternative for reputable, qualifying contractors in Illinois. The program offers:

CONTROL

In a self-funded program, the members own the underwriting profit and investment income. The fund is governed by trustees who are owners or company officers already participating in the plan. Companies with adverse claims experience will not qualify for membership.

SAVINGS

In most cases, members pay less than the current commercial market rate.

AGGRESSIVE CLAIMS MANAGEMENT

Legitimate claims are paid promptly; false claims are aggressively defended on behalf of the members. Members also have access to the CCSFI claims system, iCE!. The member may review his or her claims information live in the system and may also report their claims online.

LOSS PREVENTION

We offer a tailored loss prevention program and consultations with trained loss control professionals.

PROMPT REPORTING

Each member receives a monthly report of all claims, reserves, and dispositions.

MONTHLY INSTALLMENTS

After a deposit, each member pays his or her monthly installment based on actual payroll, thus maximizing individual cash flow.This payment schedule fits contractors’ seasonal operations.

EXCESS INSURANCE

The fund carries specific excess insurance and therefore better protects against catastrophic loss.

ADMINISTRATION

The trustees have contracted with Cannon Cochran Management Services, Inc., the largest administrator of self-funded programs in Illinois, to perform managerial duties required by law and rules of the Illinois Department of Insurance.

 

For more information about the CCSFI program, please contact Cannon Cochran Management Services, Inc., 800-252-5059.