The insurance contracts or policies of the State Compensation Insurance Fund may be either limited or unlimited. The insurance contracts or policies may be issued for like periods as are allowed by law to other workers’ compensation insurers or, in the form of stamps or tickets or otherwise, for one month, for any number of months less than one year, for one day, for any number of days less than one month or during the performance of any particular work, job or contract. The rates charged shall be proportionately greater for a shorter than for a longer period and a minimum premium charge shall be fixed in accordance with a reasonable rate for insuring one person for one day.
The State Compensation Insurance FundPolicies
Section § 11840
This section explains that the State Compensation Insurance Fund in California can offer insurance policies that are either limited or unlimited in scope. These policies can be issued for the same durations as other workers' compensation insurances or for shorter terms, such as a single day or during a specific job. For shorter coverage periods, the rates will be higher, and there's a set minimum premium for insuring someone for one day.
State Compensation Insurance Fund limited insurance unlimited insurance
Section § 11841
This law ensures two things: First, if you're applying for insurance, you can be covered temporarily while waiting for your application to be processed. Second, if you already have an insurance policy, you can cancel it at any time. Upon cancellation, you get back the part of the premium you paid that hasn't been used, minus a fee for the shorter coverage period.
Nothing in this chapter shall prevent:
(a)CA Insurance Code § 11841(a) Any applicant for insurance from being covered temporarily until the application is finally acted upon.
(b)CA Insurance Code § 11841(b) An insured from surrendering any policy at any time and having returned to him the difference between the premium paid and the premium at the customary short term for the shorter period which such policy has already run.
temporary coverage insurance application insurance cancellation
Section § 11843
This law allows the State Compensation Insurance Fund to offer insurance policies that cover employers and their employees, as well as family members of the employers who work in the same job.
The State Compensation Insurance Fund may issue policies including, with their employees, employers who perform labor incidental to their occupations, and including also members of the families of such employers engaged in the same occupation.
State Compensation Insurance Fund insurance policies employers
Section § 11844
This law requires that insurance policies for employers must also cover the employers and their family members the same way it covers employees, using the same compensation rates.
Such policies covering employers shall insure to such employers and working members of their families the same compensations provided for their employees, and at the same rates.
employer insurance coverage family coverage employee compensation rates
Section § 11845
This law requires that the estimated wage values of insured employers and their family members be reasonably calculated and clearly listed. These estimates should then be added to the payroll value, which is used to determine the premium.
The estimations of the wage values, respectively, of such insured employers and members of their families shall be reasonable and shall be separately stated in and added to the valuation of the pay rolls upon which their premium is computed.
wage value estimation insured employers family members
Section § 11846
This section allows self-employed individuals and casual workers to purchase certain insurance policies. When they buy this insurance, they're considered employees under workers' compensation laws.
The policies may likewise be sold to self-employing persons and to casual employees. The insureds, for the purpose of the insurance, shall be deemed to be employees within the meaning of the workers’ compensation laws.
self-employed insurance casual employees workers' compensation coverage
