What Does Monopolistic State Fund Mean?

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

Monopolistic State Fund

Monopolistic State Fund

Method of providing Workers compensation coverage used in some states; employers must purchase Workers compensation insurance from a state fund; private insurance companies are not allowed to compete.

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

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