Industrial insurance

what is industrial insurance

What’s covered

Industrial insurance is for work related injuries and illnesses, and pays for approved medical, hospital, and related services essential to an injured worker’s treatment and recovery. It also provides partial wage replacement for injured workers who are temporarily unable to work.

Coverage is mandatory

Employers are required by Washington State law to carry industrial insurance (also known as workers’ compensation) for employees. In return, the employer ordinarily cannot be sued for damages if a work-related injury or illness occurs.

Excluded types of employments

Some types of employments are exempt from the industrial insurance requirements. Excluded employments include:

  • Sole proprietors, partners, or LLC members with management responsibility.
  • Corporate officers who are directors and shareholders. If you select elective coverage for your executive officers, all executive officers must be covered.
  • Domestic servants in a private home if less than 2 employed, and those performing gardening, maintenance, or repair around the home.
  • Persons who provide services in return for aid or sustenance received from a religious or charitable organization.
  • Minors under 18 employed on the family farm.
  • Racing jockeys.
  • Entertainers and musicians.
  • Volunteer law enforcement officers.
  • Volunteers for private non-profit charitable organizations or local government.
  • Student volunteers (K-12).
  • Community service workers.
  • Cosmetologist, barbers, estheticians, or manicurists who lease stations.
  • Newspaper carriers.
  • Insurance agents, brokers and solicitors.
  • Other employment as defined by RCW 51.12.020 .

Self insurance

Self-insurance is an alternative to industrial insurance in which the employer is responsible for paying all appropriate benefits to the injured worker. The Department of Labor and Industries (L&I) oversees the

program to ensure employers provide benefits properly. You may qualify for self-insurance if your business:

  • Is profitable and can post a bond guaranteeing the financial resources to pay all insurance costs. and
  • Has an effective accident prevention program.

How to get industrial insurance

Mandatory coverage

To get mandatory industrial insurance coverage through L&I:

  • File a Business License Application online using a credit card (not recommended for some businesses ). Be sure to select “Hire Employees” option. or
  • Complete the Business License Application form. Be sure to check the box for industrial insurance and fill out the “Employment” section of the form. Submit the application at any business licensing office or mail the completed application with a check or money order payable to “Department of Revenue” for the appropriate fee to:
      Business Licensing Service

    Olympia, WA 98507-9034

Optional coverage for exempt employments

  • File a Business License Application online using a credit card (not recommended for some businesses ). Be sure to select “Apply for Optional Industrial Insurance Coverage for Owner” option. or
  • Complete the Business Licensing Application form. Be sure to check the box for industrial insurance and fill out the “Employment” section of the form. Submit the application at any business licensing office or mail the completed application with a check or money order payable to “Department of Revenue” for the appropriate fee to:
      Business Licensing Service
    http://bls.dor.wa.gov/industrialinsurance.aspx what is industrial insurance

Source: bls.dor.wa.gov

Category: Insurance

Similar articles: