Ritman Insurance Insights

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Differences in Worker's Compensation

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How does Worker's Compensation Coverage differ between Corporations, Partnerships, LLCs, LLPs, Sole Proprietorships and Professional Corporations? Partnership / LLP Equity Partners are not automatically included. Equity Partners may elect to be included. If the Equity Partners choose to remain excluded from coverage, respond in the following manner on your audit: provide compensation figures for Partners but note "Partners - Not Applicable" on the audit form. ...