Saturday, May 21, 2011

I Want To Read About ? Is workers compensation insurance required ...

Question by q4a: Is workers compensation insurance required in order to hire own child for minor office work?
As a sole proprietorship business hiring own child for minor no-risk work, am I required to buy workers compensation insurance for the kid? Is my family health insurance coverage a legal substitute for workers compensation insurance? I am in NJ.

Best answer:

Answer by WRG
Looks like the answer is yes.

Sole Proprietorship ? All sole proprietorships operating in New Jersey must maintain workers? compensation insurance or be approved for self-insurance so long as any one or more individuals, excluding the principal owner, performs services for the business for prior, current or anticipated financial consideration*.

I can?t find exceptions for family members. But I would call this number and ask.
(609) 292-2515

Health insurance would not be an legal substitute because it doesn?t provide for lost wages.

What do you think? Answer below!

Source: http://iwtra.com/categories/questions-answers/is-workers-compensation-insurance-required-in-order-to-hire-own-child-for-minor-office-work-9064.html

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