Sole Proprietors, LLC Members, and Partners in PA

House Bill 440 allows insurers to provide Workers’ Compensation (WC) coverage to members of an LLC and partners of a partnership on a voluntary basis. It also formalizes the ability to do so for sole proprietors (while this was already done by the State Workers’ Insurance Fund, the bill codifies that the practice is permissible). It became effective August 29, 2011.

 

Coverage is provided on a voluntary basis. There is no mandate:

  • For insurers to provide coverage or
  • For sole proprietors, LLC members, or partners of a partnership to secure coverage for themselves.

 

Premium calculation: Sole proprietors, members, and partners are subject to the same minimum and maximum corporate officer payroll, as established by carrier underwriting rules filed with the Insurance Department.

 

Not all carriers will offer this coverage. If they offer the coverage, they will apply their underwriting requirements to each account on its own merits.

 

Please contact us to discuss this coverage.

Get a Free Quote
Type of Quote
Personal Insurance
Commercial Insurance
Employee Benefits
Captives
Surety Bonds
Other
Our offices are open but due to COVID-19, our lobbies are closed to the public. We ask that you call or email us with any issues/concerns, as we are trying to avoid in-person visits as much as possible. Stay safe and healthy! Email Us