Pay As You Go work comp and general liability in
Montana.
Available
Programs:
Carrier
Risk Tolerance:
Pay As You Go Workers' Compensation
All risks acceptable: low, medium, and
high.
Includes risks such as contractors, trucking,
roofing, and temporary staffing.
Pay As You Go General Liability
Contractor and service risks acceptable:
low, medium, and high.
Commercial Insurance- 12 Equal Installs
Non-construction risks only.
Commercial Insurance-
Standard Lines
Most risks.
Workers' Compensation Information:
Owners Wages for Workers' Compensation
Individuals and Partners
$44,000- Min
Annual Payroll (effective 07.01.07).
Sole-proprietors
and Partners covered only if endorsed on policy.
LLC Members
Treated the same
as executive officers.
Statutorily
excludes when:
1. does not
perform ordinary duties of a worker and does not
receive pay for duties.
2. is engaged
primarily in household employment for the LLC.
3. owns 20% or
more of the LLC.
4. is the
immediate family member.
May elect to be
covered.
A working member
who is an independent contractor shall elect
coverage under one of three compensation plans,
but can apply for an independent contractor
exemption:
1. stated minimum
per month.
2. maximum of 1.5
times the state average weekly wage, or
3. a coverage
level between the min and max amounts ($10,400 -
$41,600).
Corporate Officers: Corporations
$10,400- Min
Annual Payroll (effective 07.01.96).
Executives may be
excluded by endorsement.
An executive who
does not receive pay for performing duties of a
worker, or owns 20% or more of a corp, or is an
immediate family member of an executive owning
20% or more is excluded. Can elect coverage.
General Liability Information:
Owners Wages for General Liability:
Individuals and Partners
$15,700- flat
annual.
Corporate Officers & LLC Members
$28,800- flat
annual.
* Information contained herein is
based on the most accurate data as of the time of
posting. Please check with you states Division of
Workers' Compensation Insurance for the most up to
date information and to verify accuracy.
Pay As You Go work comp and general liability in
Montana.
