You are very welcome. I think if you will go to the state's site and read more it will be beneficial as well. You can read more HERE which states:
Who is an employee for workers' compensation purposes?
The definition of an employee is quite broad. It includes full-time and part-time workers, adults and minors, and others who have been hired to do certain jobs. The critical test is the degree of control the employer exercises over the worker.
The law also recognizes "statutory employees." These are employees who work for a subcontractor who may be working for a business or another contractor. Employers should inquire whether or not a subcontractor working for them has workers' compensation insurance, regardless of the number of employees employed by the subcontractor. If the subcontractor does not, the subcontractor's injured employees would be covered under the employer's workers' compensation insurance.
Can sole proprietors or partners elect to be covered under workers' compensation?
Yes. Sole proprietors and partners are considered owners of the business and are not automatically included under workers' compensation insurance. They may elect to be covered if they are active in the business and have duly informed their insurance carrier. When a sole proprietorship or partnership incorporates, all employees are automatically covered, including the owners if they are also employees of the corporation.
Is the owner of a business or the principal contractor on a job liable for workers' compensation benefits to an employee or subcontractor?
Yes. If the subcontractor does not carry workers' compensation insurance, then the owner or the principal contractor would be liable just as if the subcontractor's employee was one of their employees.
**There are other questions on that page that may be of help.
In answer to your other question, that form should be sufficient for them but again, like I said previously, it may just be a legality they refuse to work around....it is truly up to the investor.
Good luck & God bless!