Workers Compensation <p>You can start a business without any employee benefits or commercial insurance, except Workers Compensation. This is the only federal and state mandated insurance required to operate as a business with employees. You must have workers compensation policy in place before you hire any employee. The premiums are based on projected annual payroll of the company and nature of your business. At the end of the year you will pay the actual premiums based on actual payroll. ... Thu, 06 May 2021 00:33:11 +0100 FeedCreator 1.7.2