If you are a proprietorship, you are ineligible for coverage under workers' compensation.  If you are injured in any type of work-related incident, chances are fairly good that your own medical and/or disability insurance policy will also deny you benefits outright, as many are subject to an exclusion for such claims.  The same would also apply to those principals of partnerships or corporations who have elected to exclude themselves from coverage under the comp policy for the business.

This argues for very careful scrutiny of your medical and disability policies for the exclusions. Some may allow you to buy back the exclusion for a fairly nominal additional premium.  In cases where workers' comp coverage is available to partners or corporate officers, clearly that should be considered.

 

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