yes, for your employees hurt on the job Unless the state you live in pays it * WCI is a state and employer funded program. States establish the laws which regulate which businesses are required to participate in workmen's compensation insurance programs. The requirements differ from state-to-state, some of the factors for mandatory employer participation are, the number of employees, the type of business and how the business is ranked under OSHA guidelines. Worker's Compensation Resources http://www.workerscompresources.com
General Liability and Workmens Comp with policy rangong from 1000000 to 2000000 depending what type of windows residential or commercial.
Do i need to file income taxes ,workmens comp did not send me a 1099? I did not file last year 2007 because i asked workmens comp. for a 1099 they did not send ...so i assumed i did not need to file. Can i file both years?
yes, any business needs to have insurance ,if they have a employee on the books.
AnswerFederal law developed the work comp system and every state has a unique form of it. If you have a single employee, then you need work comp insurance. No matter the state. If the employee becomes injured, if you don't have work comp insurance they can sue your company and you personally for not carrying the work comp insurance.You can be a sole P, INC, LLC, or partnership and get work comp insurance. You can even get work comp insurance for yourself as an owner.Check with a local insurance broker to make sure you are following your states law.
Even though you're out of work due to a worker's comp case, your premiums for your medical insurance still need to be paid. Just keep in mind that your medical insurance pays for medical illness and isn't related to worker's comp. Your employer may be willing to help you pay the premiums until you get back to work.
You need workers' compensation insurance if you have employees. You do not need worker's comp insurance if you are a sole owner. In most states, owners of a business are exempt from having workers' comp for themselves. The type of business does not matter. If you have employees, you need comp insurance. ...plus, the venue, whether a city owned street, school or music venue SHOULD require that you carry the coverage on yourself to ensure you don't allege to be its employee if you suffer an injury.
No. When they file corporate documents as the principal they are exempt.
Workers comp insurance has nothing to do with family members. Workers comp insurance is an insurance policy that your employer will have on if in case you get hurt at work.
The first thing I would do is contact a workmans comp lawyer. A situation such as yours could be very difficult to handle properly without an experienced professional to assist you.
The workers comp insurance company requires the employer to insure all the employees.
A Business owners package policy should cover your studio for some property and the liability of your product and premesis. You might need to add on property coverage for your products if they are expensive or you maintain a lot of inventory and I would be careful about how you value it for insurance purposes. If your business has employees you need work comp, if you have vehicles for the business you need to get commercial auto insurance.
When do you have to carry workman's comp insurance?
i am a small business owner have my own LLC and dont have any employees - i do small landscaping jobs - - a client is now telling me that he will not pay my invoice until i provide him my workmans comp insurance number - can he do that - why does my having or not having insurance have to do with my invoice
You should be treated like any other employee when on WC. If others do, you do. If not, I don't know why you would be singled out.
A restaurant Business Owners policy with good liability should do the trick. You'll also need workers comp, and for the owner, life insurance, Disability Insurance and eventually a good retirement plan. Call an agent that works with commercial insurance.
== == Sole proprietorship
yes, because if you dont then you could lose your business or personal assets even if someone files a frivolous lawsuit against you. You should get general liability insurance and bonding, if you have employees or vehicles used for business you may also need work comp and commercial auto.
Forget he is your son. You must treat him like any other employee you would hire in respect to insurance coverage requirements. <><><> California law requires any business with even ONE employee have Worker's Comp insurance. If your son is an employee of the business, then yes, you need it.
I need to see who in Texas offers temorary (one month) of Workers comp?
the need for developing insurance business in Nigeria
Commercial auto insurance General liability insurance Highly recommend you incorporate to remove the liability from your personal assets work comp if you hire drivers
Property Liability, Workers Comp.
you need to tell the wci what you have. if they want to sue the business owner for the claim, that would be up to them. plus his wci could be cancelled just like a insurance policy for an automobile can be cacelled at any time due to certain reasons. if workmens comp pays you a certain amount and if still want to sue the owner, you can. a lawyer that specializes in workmans comp can help you.
A lawyer won't do much to help you if the local workmens comp insurance is taking care of the medical. You would have to have the state go after the company for negligence before you would have a case that a lawyer could help collect.
You will need an insurance license and the associated traiing to open an auto insurance business