Employers with more than 4 or more part-time or full-time employees are required by law to buy a workers comp policy.
Sole Proprietors, Partners & LLC Members are automatically excluded from a policy, but can opt to be included on a workers compensation policy.
Corporate Officers are included but may choose to exclude themselves from coverage using the SC Corporate Officer Rejection Form.
Certain industries have exclusions. For example, agriculture, railway companies and who had a total yearly payroll less than $3,000 the prior year.
Sole Proprietors, Partners & LLC Members opting to include themselves must use a payroll of $40,800 per year for calculating premium.
SC Corp Officers who opt to be included on a workers comp policy must use a minimum of $20,800.00 payroll and a maximum of $161,200.00 per year for calculating premium.