The Food Industry Self Insurance Fund of New Mexico is YOUR alternative to purchasing commercial insurance. We will provide the Worker's Compensation coverage you need.
Members of the New Mexico Grocers Association and the New Mexico Restaurant Association joined forces by "pooling" together their Worker's Compensation premiums to create the Food Industry Self Insurance Fund of New Mexico (FISIF). We provide state-approved "self-insurance" coverage for YOUR business.
This means your Association has formed a Worker's Compensation insurance program owned by the policy holders.
The Food Industry Self Insurance Fund of New Mexico is supervised by a Member's Board of Trustees. This assures the program is operated in your best interest.
Your premium dollars are held on deposit in secure investments, thus interest income is generated into the Fund.
Since the program is not-for-profit, all money not used to pay claims or necessary administrative expenses is refunded to the members as determined by the FISIF Board of Trustees.
You may contact us at 1-800-288-0893 505-298-9095 or by fax at 505-298-9094.