COID (CF) Registration
Register with the Department of Employment and Labor (DoEL) for the Compensation Fund (CF). Make sure that your company is covered in the event of a workplace injury or death. Workers who are injured on the job or contract an occupational disease may be entitled to compensation for temporary or permanent disability.
What is COID (CF) Registration?
Every company with more than one employee should register for Compensation Fund (CF). The goal of the CF is to compensate employees who are injured on the job, become disabled, or die. COID will make a lump sum payment to the employee’s spouse or children’s beneficiaries in the event of death.
