Who is eligible for coverage with State Compensation Insurance Fund?

State Compensation Insurance Fund provides coverage primarily for employers who operate in California and are required by law to carry workers’ compensation insurance. Generally, any business with employees is required to obtain this coverage, which protects both the employer and the employees in the event of work-related injuries or illnesses. Eligibility includes a wide range of businesses, from small startups to large corporations. Sole proprietors and partners without employees may not need coverage, but they can choose to obtain it for themselves if desired. Additionally, corporations and limited liability companies are required to carry insurance once they have employees. Certain industries, such as construction and manufacturing, often have higher risks, and State Compensation Insurance Fund offers tailored policies to meet the specific needs of these sectors. In addition, while everyone running a business may need coverage, the specific terms and conditions of each policy will vary based on factors like the nature of the business activities, payroll size, and claims history. To understand the full scope of coverage options and eligibility requirements, it may be helpful to review the information available on the current State Compensation Insurance Fund webpage.