Can a sole proprietor, partner, or member of an LLC be covered by his/her workers compensation insurance policy? What is the basis of premium?
According to M.G.L. c. 152, Section 1(4) as amended by Chapter 169 of the Acts of 2002, sole proprietors, partners of a legal partnership, and members of an LLC may elect to be treated as employees and obtain coverage for themselves under a workers’ compensation insurance policy. If a sole proprietor, partner, or member elects to be covered as an employee under a workers’ compensation policy, the sole proprietor, partner, or member must submit a written request on the employer’s company letterhead signed by the sole proprietor, partner, or member to the insurance carrier. The letter must specify the name and duties of each sole proprietor, partner, or member who is electing to be covered under this policy. The basis of premium for sole proprietors, partners and members of an LLC who elect to become employees and obtain workers compensation will be subject to change on October 1st each year. Insurance carriers who receive these written requests for coverage should endorse the policy wit
