Payroll companies can not and do not procure NYS workers’ compensation and/or NYS statutory disability benefits insurance for their clients. Obtaining workers’ compensation and statutory disability benefits insurance coverage is the sole responsibility of the clients of payroll companies, the employer.
Clients of payroll companies must directly obtain NYS workers’ compensation and/or NYS statutory disability benefits insurances from insurance professionals. Please note that some payroll companies use their own insurance agents to assist clients in obtaining the necessary insurance for their companies. A payroll company may offer this assistance to its clients; however the insurance must be purchased by the client-employer in its own name and under the client-employer’s FEIN.