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Affidavit Of Exemption From Kentucky Workers Compensation Act (Corporation Or Partnership)

State:
Kentucky
Control #:
KY-SKU-1200
Format:
PDF
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Affidavit Of Exemption From Kentucky Workers Compensation Act (Corporation Or Partnership)

An Affidavit Of Exemption From Kentucky Workers Compensation Act (Corporation Or Partnership) is a legal document filed with the Kentucky Workers’ Compensation Board, allowing a corporation or partnership to be exempt from the Kentucky Workers Compensation Act. This document must be provided by the employer and include the name, address, and contact information of the corporation or partnership, as well as information regarding the number of employees, the nature of the business, and any other relevant facts. There are two types of Affidavit Of Exemption From Kentucky Workers Compensation Act (Corporation Or Partnership): 1) Affidavit of Exemption Relating to a Corporation and 2) Affidavit of Exemption Relating to a Partnership. Both types of affidavits must be signed by the employer and notarized before being submitted to the Kentucky Workers Compensation Board.

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FAQ

Generally, workers' compensation income benefits are 66 2/3% of your average weekly salary, up to the state maximum as set forth by the Department of Workers' Claims. You may, however, use your accumulated leave to keep your regular salary.

Employers operating in Kentucky are required to carry workers' compensation insurance for all employees, including corporate officers and part time employees, although there are a few exceptions. Sole proprietors may opt out of coverage.

Under Kentucky workers' comp laws, certain employees are exempt from coverage, including: Any person employed in agriculture. Members of a religious sect or organization that oppose insurance benefits. Domestic workers employed in a private home with less than two regularly employed workers.

If you are unable to work for an extended time because of a work-related injury or illness covered by workers' compensation insurance, you will be paid for your time off work.

If your disability rating is 50% or less, you can receive permanent partial disability benefits for 425 weeks. If your disability rating is more than 50%, you can receive workers' compensation benefits for 520 weeks.

Two-thirds of your pre-injury average weekly wage will be multiplied by the percentage of your impairment rating; that sum will then be multiplied again by a factor listed in a table in Kentucky law (which goes from a . 65 multiplier for an impairment rating of 5% or less to a 1.7 multiplier for a rating above 35%).

In Kentucky, every business with one employee or more must provide workers' compensation insurance.

Workers' comp waiting periods by state StateWaiting period to receive workers' compKansas7 daysKentucky7 daysLouisiana7 daysMaine7 days48 more rows ?

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Affidavit Of Exemption From Kentucky Workers Compensation Act (Corporation Or Partnership)