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  • Owner/officer Exclusion Form - Stonetrust Commercial Insurance

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OWNER/OFFICER EXCLUSION FORM MISSISSIPPI Named Insured Policy Number if policy has been issued Mississippi law allows sole proprietors partners in a partnership or corporate employees owning fifteen percent 15 or more of stock in a corporation to reject workers compensation coverage for themselves.

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Sole proprietors and partners are considered employers, not employees, and are not covered by your policy. However, sole proprietors and partners can be added to the policy by endorsement. Corporate officers are considered employees of the corporation and must be covered.

Railroad, postal, and maritime workers are covered under federal laws and not by Missouri Workers' Compensation Laws.

You are an excluded owner of a residential property if you are any of the following: the government of Canada or a province, or an agent of the government of Canada or a province. an owner of the residential property as a trustee of any of the following trusts: a mutual fund trust for Canadian income tax purposes.

Insurance. In the state of Missouri you are required to carry workers' compensation insurance if you have five or more employees, unless you are in the construction industry, then you must carry workers' compensation insurance if you have one or more employees.

Sole Proprietors and Partners are included under coverage if they meet the definition of an employee. Otherwise they are excluded. Owners can elect to have coverage. Corporate Officers and LLC Members are automatically included in coverage, but may elect to be exempt.

Most business owners are required to buy workers' comp in Pennsylvania if they have any employees at all. Business entities that operate with no employee are generally able to exclude coverage on themselves. Sole-Proprietors and Partners are automatically excluded from coverage on a policy.

A waiver of subrogation means that a business and their insurance company is foregoing all rights to file suit, or seek damages, from another business. This is common in the construction industry as builders attempt to protect their company from negligence.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
Content Takedown Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
+1 833 426 79 33
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232