Welcome to the Maine Merchants Self-Funded Workers' Compensation Trust Web Site
Our workers' compensation program is offered to members of the Retail Association of Maine and Hospitality Maine. Here you will find alternatives to the increasing costs of workers' compensation. We are committed to bringing you a quality program, governed with strict safety requirements and professionalism in claims administration. As a participant in our program you will discover that we are committed to service and that "PROFIT IS OUR SERVICE TO YOU". Because we are a non-profit organization, all unused premiums, subject to actuarial approval, are returned to the participating member firms. We are regulated by the Maine Bureau of Insurance and our rates are actuarially determined on an annual basis. Our plan year runs from March 1st to February 28th. However, members may join anytime during the plan year and their premiums are pro-rated accordingly. To be accepted for membership, businesses must meet strict financial requirements imposed by the Maine Bureau of Insurance and the Board Of Trustees.
Self-funded workers' compensation insurance is not for everyone but it is a method used by member firms to bring stability to their bottom line. If you are looking for a workers' compensation alternative that gives you a voice, contact us, and we will respond to you in a timely manner.