What Employers Are Obligated To Have Workers’ Compensation Insurance?

If you consistently employ three or more individuals, whether they work part-time or full-time, you are compelled to furnish workers’ compensation insurance. There are potential fines and penalties that may be imposed if you neglect to provide workers’ compensation insurance. Nevertheless, if your employees are farm laborers, you might be eligible for an exemption from offering workers’ compensation insurance. A farmer does have the choice to acquire workers’ compensation insurance to safeguard his or her employees, but is not compelled to do so under the Act.