According to Entrepreneur Magazine's "Ultimate Guide to Worker's Compensation Insurance," Maryland requires Comp for all employers with 1 or more employees. If you're exempt from having to have insurance that doesn't mean you should forgo coverage. Even if you have health insurance, who will pay for that if you're seriously injured & can't work? Comp offers lifetime medical benefits due to a work related injury. Maybe you sometimes use subcontractors too, and your state may be one that says you have to provide coverage for your subs who don't have it - talk with your insurance agent first, and if you opt to take the exemption, do so legally. Also, some of your clients may require you to carry this coverage even if the state says you're exempt - you may be able to get higher pay from the General Contractor because you provide your own insurance.
I personally think everyone should be covered by Comp or an alternative, such as Occupational Accident or a self-insured plan. Even if you have health insurance, if you're injured on the job - even if it's in an auto accident on your way to the bank, if you're seriously injured and can't work for years, who will pay those health insurance premiums and lost wages? Comp has lifetime medical for work-related injuries. Occupational Accident is available in most states, and you can customize it for yourself and for any executives, partners or others that may be eligible to be excluded - or for any employee who opts out (rare.) It can work alone or in conjunction with Comp. Contact your state because rules & exemptions vary - but if you're exempt from having to have insurance that doesn't mean you should forgo coverage. Maybe you want lifetime medical benefits due to a work related injury - maybe you sometimes use subcontractors too - talk with your insurance agent first, and if you opt to take the exemption, do so legally. And some of your clients may require you to carry this coverage even if the state says you're exempt - you may be able to get higher pay from the General Contractor because you provide your own insurance.
Workers compensation insurance is nothing more than "workers compensation insurance". Your question is similar to asking what type of auto liability insurance does a person who drives a car need. There is not "type of workmans com" insurance. Just ask your local insurance agent to help you obtain workers compensation insurance and he will give you a quote.
You will want to find a credible and ethical injury attorney in your area who has a track record of successfully handing workmens compensation claims.
If you husband was injured on the job you need to find a workmans compensation attorney, preferably one that has handled brain injury caes. A great place to get a referral is you neurologist.
you can go to bistree .com for a subcontractor agreement that you need. They will assist you in your subcontractor agreement making and in everything you need.
If your spouse draws a wage from you or your company, you must include her in any workers' compensation plan. If you both own the business as sole proprietors, neither of you are required to be on a workers' compensation plan.
Yes, according to the State Board of Workers Compensation, if you employ more than two people you must provide workers compensation coverage to all regular employees whether full- or part-time.
It depends on the state that you are in, in California, if you are the owner and have no employees, you do not need workers compensation insurance. The easiest way to find out would be to call your local employment development department - if you are not in CA - if you are, I just answered your question!
I NEED A COPY OF MY LAST WORKMANS COMP CHECK EMAILED TO ME FROM 2004-2005 HOME DEPOT VALLEJO CALIFORNIA. CHERYL LINDER EMAIL Cjohnston775@gmail.com
Yes and No. You do need one if you are receiving "compensation. You do not need one if you are NOT receiving "compensation.
As each state's criteria for eligibility and amount of workman's comp payable differs, you need to contact your state's office for clarification.
You need to check with your work comp state laws, but in most states you do not have to pay taxes on your settlement. You can usually google something like "your state-work comp laws".gov to find website.
You need to include in the statement what type of compensation you are expecting. You may also include the amount of compensation you have received in the past.