OWNER-ONLY GROUPS

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Carrier

Will the carriers write an owner-only Group?

No.

Owner-only groups without W2 employees are ineligible for coverage.

Yes.

Owner-only groups that meet the following criteria are eligible for coverage:

• The group is an S-Corp, C-Corp, or LLC
• There are at least two owners who aren’t spouses
• One owner completes an Eligibility Statement or can provide W2s

No.

Owner-only groups without W2 employees are ineligible for coverage.

No.

Owner-only groups without W2 employees are ineligible for coverage.

Yes.

Owner-only groups that meet the following criteria are eligible for coverage:

  • The group must be headquartered in CA offering general financial services
  • More than 50% of the owners must be members of CalCPA and in good standing
  • More than 50% of the group must reside in CA

All employees must work at least 20 hours per  week, unless the group chooses 30 hours as the eligibility requirement

No.

Owner-only groups without W2 employees are ineligible for coverage.

No.

Owner-only groups without W2 employees are ineligible for coverage.

Yes.

Owner-only groups that meet the following criteria are eligible for coverage:

  • The group is a S-Corp, C-Corp, or LLC
  • One owner can provide W2s
  • Other owner completes an Eligibility Statement or Statement of Information

No.

Owner-only groups without W2 employees are ineligible for coverage.

No.

Owner-only groups without W2 employees are ineligible for coverage.

No.

Owner-only groups without W2 employees are ineligible for coverage.

Yes.

Owner-only groups that meet the following criteria are eligible for coverage:

• The group is a C-Corp, S-Corp, or LLC
• There are at least two owners who aren’t spouses
• One of the owners works 30 hours/week