|
Available Programs: |
Carrier Risk
Tolerance: |
|
Pay As You Go Workers'
Compensation |
All risks acceptable:
low, medium, and high.
Includes risks such as
contractors, trucking,
roofing, and temporary
staffing. |
|
Pay As You Go General
Liability |
Contractor and service
risks acceptable: low,
medium, and high. |
|
Commercial Insurance- 12
Equal Installs |
Non-construction risks
only. |
|
Commercial Insurance-
Standard Lines |
Most risks. |
|
Workers' Compensation
Information: |
Owners Wages for
Workers' Compensation |
|
Individuals and Partners |
$16,700- Min Annual Payroll
(effective 01.01.06).
Partners covered but may
elect to be excluded.
Sole-proprietor are not
covered. Family members to
be covered. |
|
LLC Members |
Statutorily included.
Corporation status, but
treated as employee.
An active member with no
more than 10 members owning
a min of 10% of company may
elect to be exempt. |
|
Corporate Officers:
Corporations |
$20,852- Min Annual Payroll
(effective 01.01.08).
Executives may be excluded
if corp has ten or fewer
shareholders and executives
own 10% or more of stock. |
|
General Liability
Information: |
Owners Wages for General
Liability: |
|
Individuals and Partners |
$29,700- flat annual
(effective 07.01.84). |
|
Corporate Officers & LLC
Members |
$29,700- flat annual
(effective 07.01.84). |
* Information
contained herein is based on the
most accurate data as of the
time of posting. Please check
with you states Division of
Workers' Compensation Insurance
for the most up to date
information and to verify
accuracy.
|
Your source for work comp insurance in Michigan, MI
