Question: As the owner of the business, can I exclude myself from my workers’ compensation policy?

Yes, an individual that is an officer of a corporation can elect to be exempt from workers’ compensation coverage. This will exclude the officer from recovering workers’ compensation benefits, but by doing so, the individual may remove their payroll from the total payroll that is used to compute the premium. Many employers choose to be exempt on their workers’ compensation policies to save money on their premium. Our website has more information on the requirements and the form you need to download and file with the State of Florida. Click here for more information on Officer Exemption from Florida Workers Compensation Insurance.

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