Workmans Comp for sole proprietors

Workmans comp for sole proprietors-     Workmans comp is put in place for a companies employees. Workmans comp protects employees who are injured on the job. Instead of suing their employer the workmans compensation policy pays for the injured employee while recovering and can pay numerous expenses- 

What about a business owner that gets hurt? – A business owner normally does not sue  himself to pay expenses when hurt- business owners normally have access to policies for Disability and business overhead expenses to cover costs if the owner is out of work. FDP Insurance does have companies that offer short and long term disability policies for business owners or individuals looking to protect their income.   (you dont need to be a business owner to buy your own disability policy)

Get a quote for workmans compensation as a sole proprietor

Some jobs may require workmans compensation even for a sole proprietor or a company of one person- A contractor sub-contracting work out, may require workmans compensation – so he is not sued. If a subcontractor is hurt- the contractor would not want the sub-contractor to try and place a claim on their policy- The Contractor may want the subcontractor to have their own policy.

Examples of industries that may want a sole proprietor 

Carpenters

Artisan Contractors

Truckers

Small business owners working contract work for major corporations