What Does Competitive State Fund Mean?

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What does Competitive State Fund mean? Read on to discover the definition & meaning of the term Competitive State Fund - to help you better understand the language used in insurance policies.

Competitive State Fund

Competitive State Fund

Competitive state fund is an agency of the state that competes with private insurance companies in providing Workers compensation in the same state. Commonly this fund is state-operated and state-owned to provide employers options for Workers compensation insurance.

We hope the you have a better understanding of the meaning of Competitive State Fund.

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