Worker's comp. question.

[zappy]

If the owner of "XYZ Electric" get's hurt on his job, can he collect worker's comp. for himself? Thank you.

 

[JES2727]

If "XYZ Electric" is incorporated then the owner is required to have coverage on himself. If the company is an LLC or sole proprietership then the coverage is optional. This is the way it is here in NJ. It may be different where you are.

 

[jrannis]

Is the owner a covered employee?

 

[Rewire]

You have to have a policy that covers you as the owner.If you want to recover lost wages then you need to keep a record of your weekly draw.