Requirements:

 

All Kentucky companies are required to buy a work comp policy with just a few exceptions.

Sole Proprietors and Partners are excluded from coverage, but can elect to be included.

Corporate Officers are automatically included in coverage, but they may elect to be excluded.

LLC Members are excluded from coverage, but qualified members may elect to be included. To be a qualified member one must participate in the decision making process and the profit and losses of the company.

Sole Proprietors, Partners and LLC members who elect to be included for coverage must do so at a payroll of $40,200 (Accurate as of 4/1/2016, last updated by the state on 10/1/2015).

Corporate Officers who are included in coverage must utilize a minimum payroll of $750 per week and a maximum payroll of $3,100 per week (Accurate as of 4/1/2016, last updated by the state on 10/1/2014).

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