Locations: Florham Park, NJ and Marysville, PA

Who Must be Insured by Workers Compensation in New Jersey

Workers Compensation Requirements

The following employing entities must have workers’ compensation insurance in effect:

Corporations – One or more individuals, including corporate officers, perform services for the corporation for prior, current or anticipated financial consideration *.

Partnerships / LLC’s – One or more individuals, excluding partners or members of the LLC, perform services for the partnership or LLC, for prior, current or anticipated financial consideration*.

Sole Proprietorship –One or more individuals, excluding the principal owner, performs services for the business for prior, current or anticipated financial consideration*.

* Financial consideration means any remuneration for services and includes cash or other remuneration in lieu of cash such as products, services, shares of or options to buy corporate stock, meals or lodging, etc.

Workers Compensation for Subcontractors working for General Contractors

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