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Work Comp Information: (Owners Wages
for Workers' Compensation)
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Individuals and Partners |
38,900.00- Min Annual Payroll (effective 01.01.08).
Sole-proprietors and Partners covered only if endorsed on
policy.
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LLC
Members |
Statutorily excluded. Partnership status. Treated as
employee.
Members may elect to be covered. |
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Corporate Officers: Corporations |
$15,600- Min Annual Payroll (effective 01.01.02)
Executives may be excluded by endorsement. |
General Liability Information:
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Individuals and Partners |
$13,300- flat annual (effective 07.01.84) |
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Corporate Officers & LLC Members |
$30,300- flat annual (effective 07.01.84) |
General Notes:
Employees, including exec officers must own at least 10% of stock in
order to be excluded.
Holliday Pay, vacation pay, and sick pay is excluded provided the
insured's records show separately by employee and in summary by
classification.
* Information contained herein is based on the
most accurate data as of the time of posting. Please check
with you states Division of Workers' Compensation Insurance for the
most up to date information and to verify accuracy. No
warranty as to the accuracy or completeness is given or applied.
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