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Yes, if you own a business, you can not collect workmans comp for yourself.

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โˆ™ 2008-05-16 02:27:09
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Q: Is an owner of a corporation exempt from workmans comp insurance?
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Related questions

Does a company of one person need Workmans compensation insurance?

Genrally this means that there is one owner of a business. There are no partners, investors, etc.


Does a self employed business owner need workman's comp insurance?

No. When they file corporate documents as the principal they are exempt.


Who is owner of Axis bank?

Axis bank is a private sector bank that is not owned by the government of India. A number of Insurance companies in India together own this bank. They are:Unit Trust of IndiaLife Insurance Corporation of IndiaGeneral Insurance Corporation LtdNational Insurance Company LtdThe New India Assurance CompanyUnited India Insurance Company andThe Oriental Insurance Corporation


Who is the owner of axis bank?

Axis bank is a private sector bank that is not owned by the government of India. A number of Insurance companies in India together own this bank. They are:Unit Trust of IndiaLife Insurance Corporation of IndiaGeneral Insurance Corporation LtdNational Insurance Company LtdThe New India Assurance CompanyUnited India Insurance Company andThe Oriental Insurance Corporation


Who is the owner of axis bank ind?

Axis bank is a private sector bank that is not owned by the government of India. A number of Insurance companies in India together own this bank. They are:Unit Trust of IndiaLife Insurance Corporation of IndiaGeneral Insurance Corporation LtdNational Insurance Company LtdThe New India Assurance CompanyUnited India Insurance Company andThe Oriental Insurance Corporation


Who is the owner and ceo of aldrtz corporation?

The owner of Aldrtz corporation is Ritchie Corpus


Who is the owner of a life policy?

The owner of a life insurance policy is the person or corporation who initiated the application. As an owner, you have the obligation of paying the premiums on time and you can also specify and change the beneficiary whenever you want.


Which insurance company in the 1990's had a torch as its logo?

Torchmark Corporation, owner of Globe Life, uses a torch in its logo.


Ca S Corp Required To Have Workmans Comp Ins?

If you are the sole owner / employee of your s-corp, workers comp insurance is not required in CA, however some companies you do contract work for may require you to have wc insurance or some type of liability or health insurance.


Do you need workmans comp insurance for a concession stand if employee 13 years of age?

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.


Who is the owner of a corporation?

Stockholders or Management are the owners of a corporation.


Who should be named owner of life insurance?

The owner of a life insurance policy should be the person or corporation that is responsible to pay the premiums on time and the one who is entrusted with power to change the beneficiary at any time. So careful thought should always go into deciding who the owner will be. Often, the owner is the spouse of the insured, but can also be the insured.

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