Whether a business has at least one or more employees, intern or volunteer, many states (including NY) require these firms to maintain requisite Workers Compensation (WCO) coverage for these workers beginning on their first day.

In addition to WCO coverage, some states (including NY) also require firms to carry requisite Disability (DBL)  coverage with or without hospital benefits.

Firms found out-of-compliance during routine state-operated audits face significant financial penalties and business interruption if not addressed.

JMP Insurance Brokers’ Best Practice for WCO 8 DBL Coverages: 
Any person taking business direction from an owner/executive should be covered for any specific WCO/DBL coverage requirement  – regardless of employment status/classification or whether the work is paid or unpaid.

This definition has become the precedent in many courts of law and has served as the basis of a court’s decision when ruling on a  WCO/DBL legal claim.