Who is required to carry workers′ compensation insurance coverage?
Every employer that has five or more employees must insure its workers′ compensation obligations with an insurance carrier that is authorized to write such insurance in the state of Missouri by the Department of Insurance, Financial Institutions and Professional Registration, or meet the Division of Workers′ Compensation requirements to self-insure its liabilities. Construction industry employers that erect, alter, demolish or repair improvements are required to carry workers′ compensation insurance if they have one or more employees. The statutory definition of “employee” includes both full and part-time employees, and includes every person in the service of an employer under any contract of hire, express or implied, oral or written, or under any appointment or election, including executive officers of a corporation. Sole proprietors and partners are not themselves covered unless they elect to be covered. On the other hand, close family member-employees and members of limited liabilit
Related Questions
- I am not required to carry workers′ compensation insurance under the law; however, my general contractor says that I need to provide proof of workers′ compensation insurance coverage. Can he do this?
- Does the company carry over one million dollars in insurance coverage - garage liability and workmans compensation?
- Does an employer have to carry workers′ compensation insurance?
