Why Is It Required to Have Worker's Compensation Insurance

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Why Is It Required to Have Worker's Compensation
Insurance?
The employers in Florida should carry a
worker's compensation insurance to cover their
employees in the occasion of on-site injury or
accident. They should not take risk in operating
their establishment without having any kind of
insurance coverage. Without having any worker's
compensation insurance, if an employer continues
his work in the state of Florida, then he has to
pay a severe amount of penalty for compensating
their employees.
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Who is suitable to purchase worker's compensation
insurance? Employers in Florida having four or
more employees whether they are doing their work
on part-time or full-time basis, they should
provide worker's insurance to their employees. If
the employer owns a construction factory and all
the employees working under public service, then
they should buy compensation insurance.
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Worker's Compensation Exemption If you want to
file an application then you should do it on
individual basis because an individual
application filing may lead to completion of the
entire process also the filing must meet the
eligibility requirements. Out-of State
Employers If the employer belonging from out-of
state and have at least one employee working
under him, then he should buy a licensed
compensation insurance which is authorized in
Florida. Sole Business owner A sole business
proprietor is not able to experience the benefits
of worker's compensation insurance because of his
own business. If that particular sole proprietor
picks to establish his business on partnership
basis, then he has to buy this insurance
policy.  
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Business Owners In Florida, there is law stating
that, employees working under subcontractors are
referred as the employee of the general
contractors therefore the general contractor
should buy this insurance to ease the life of
their employees. C.Emory Cross CLU, a reliable
organization is having experience in dealing with
Florida Compensation insurance since 40 years. If
you have any queries, then call us at (813)
505-2569.
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http//www.cemorycross.com/
C. Emory Cross20139 Heritage Point DriveTampa,
FL 33647Phone   [phone]Fax
       [phone] Tollfree  [phone]