Iowa Corporate Officer Exclusion From Workers Compensation Or Employers Liability Coverage is a legal form of insurance coverage that prevents corporate officers from being held personally liable for any workers’ compensation or employers’ liability claims. In Iowa, corporate officers are defined as any individual who holds a position of authority in a company, including the President, Vice President, Treasurer, and Secretary. This type of coverage is designed to protect corporate officers from personal liability in the event of any claims arising out of workplace injuries or illnesses. There are two types of Iowa Corporate Officer Exclusion From Workers Compensation Or Employers Liability Coverage: voluntary and mandatory. Voluntary coverage is offered by most insurers and provides corporate officers with protection from liability without the need for additional legal counsel. Mandatory coverage is required by Iowa law and requires that corporate officers purchase additional legal counsel in order to be fully covered.