How to Opt-Out of Workers Compensation Insurance As a Business Owner

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How to Opt-Out of Workers Compensation Insurance As a Business Owner – This is a place for the community to provide tips and advice on How to Opt-Out of Workers Compensation Insurance As a Business Owner. This topic was created by Patricio Panizza and the tips are provided by the community. The tips you add here can be your own or referred from another site. The best tips are then ranked at the top when up-voted by members of the community.

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What Employers Need to Know about Workers' Compensation Insurance More
Published: 9 years, 6 month(s) ago by craig white | permalink
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All states have mandatory workers' compensation laws to protect employees who get injured, sick, or killed on the job. In most states, businesses must accept the laws' provisions and provide the benefits. The insurance pays medical, disability, survivor's, and rehabilitation benefits, and in exchange, employees give up the right to sue. Most workplace injuries are covered on a no-fault basis--benefits are paid regardless of who is blamed for the accident. In some situations, employees are covered for accidents occurring outside the workplace.

For further reading: http://www.360financialliteracy.org/Topics/Insurance/General-Insurance-Topics/What-Employers-Need-to-Know-about-Workers-Compensation-Insurance ^[1]

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Are Business Owners Eligible for Worker's Compensation? | eHow More
Published: 9 years, 6 month(s) ago by Rick Clifton | permalink
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Workers' compensation provides legally defined benefits to employees for occupational injuries or disease. Business owners are eligible on a voluntary basis for workers' compensation insurance. The business structure determines the method by which the business owner obtains coverage. Since many group and individual health insurance policies...

For further reading: http://www.ehow.com/how_6053751_opt_out-compensation-insurance-business-owner.html ^[2]

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How to Opt Out of Workers' Compensation Insurance as a Business Owner More
Published: 9 years, 6 month(s) ago by Gatry | permalink
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If you are a small-business owner and you have employees on staff, almost every US state requires you to carry workers' compensation insurance. However, some states, such as Texas, allow ...

For further reading: http://smallbusiness.chron.com/opt-out-workers-compensation-insurance-business-owner-5185.html ^[3]

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Does a Business Owner Have to Have Workers' Comp? More
Published: 9 years, 6 month(s) ago by Harold Guatemala | permalink
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Almost every state requires that a business purchase workers' compensation insurance to cover on-the-job injuries to employees. In most states, business owners are allowed to exempt themselves from ...

For further reading: http://smallbusiness.chron.com/business-owner-workers-comp-65673.html ^[4]

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Category: Fun | 9 years, 6 month(s) ago

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Rick Clifton, Gatry, Harold Guatemala, Chaya Cooper, craig white

References & Citations

1. http://www.360financialliteracy.org/Topics/Insurance/General-Insurance-Topics/What-Employers-Need-to-Know-about-Workers-Compensation-Insurance

2. http://www.ehow.com/how_6053751_opt_out-compensation-insurance-business-owner.html

3. http://smallbusiness.chron.com/opt-out-workers-compensation-insurance-business-owner-5185.html

4. http://smallbusiness.chron.com/business-owner-workers-comp-65673.html