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Workers’ Comp Changes
Recent changes to workers’ Compensation law became effective in the state on Oct. 23, 2002.
If you are as sole proprietor or a partner in a partnership, the changes allow you to elect to be covered under a Workers’ Compensation policy to cover your own work-related injuries.
If your business is a corporation, the changes allow those corporate officers and directors who own at least 25% of issued or outstanding stock, to elect to be excluded from coverage under that policy.
Contact your local agent to review your particular circumstances and let you know of your coverage options.
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