Legal Question in Insurance Law in New York

disability & compensation insurance premiums

are the owners of a LLC personally liable for disability and compensation insurance premiums


Asked on 4/30/08, 10:54 am

3 Answers from Attorneys

jeffrey lazroe Jeffrey A. Lazroe attorney at law

Re: disability & compensation insurance premiums

Those individuals who are officers or who are in charge of the payroll can be personally responsible for not have disability and compensation insurance premiums. The fines and penalty many times exceeds the cost of the premiums many times over.

A word to the wise, keep the disability and compensation insurance premiums current.

If you have a reliable business lawyer he would tell you this right up front.

If you would like to discuss this further, please feel free to contact me.

Read more
Answered on 4/30/08, 4:36 pm
jeffrey lazroe Jeffrey A. Lazroe attorney at law

Re: disability & compensation insurance premiums

Those individuals who are officers or who are in charge of the payroll can be personally responsible for not have disability and compensation insurance premiums. The fines and penalty many times exceeds the cost of the premiums many times over.

A word to the wise, keep the disability and compensation insurance premiums current.

If you have a reliable business lawyer he would tell you this right up front.

If you would like to discuss this further, please feel free to contact me.

Read more
Answered on 4/30/08, 4:37 pm
jeffrey lazroe Jeffrey A. Lazroe attorney at law

Re: disability & compensation insurance premiums

Those individuals who are officers or who are in charge of the payroll can be personally responsible for not have disability and compensation insurance premiums. The fines and penalty many times exceeds the cost of the premiums many times over.

A word to the wise, keep the disability and compensation insurance premiums current.

If you have a reliable business lawyer he would tell you this right up front.

If you would like to discuss this further, please feel free to contact me.

Read more
Answered on 4/30/08, 4:37 pm


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