The type of industry you operate your business in usually dictates what kind of insurance you should take out. Naturally, some industries can be less clear than others when it comes to this task. If you own and operate a company that handles staffing needs for other businesses, for example, you’re in a field that can bring about some truly unique and complicated issues in regards to “which entity insures the temp worker?”
Start With Professional Liability
One of the most standard policy options to take out for your business is professional liability insurance for staffing firms. This helps to cover all of the most basic problems that those in your line of work are likely to face. Outside of this, it can help the reputation of your brand in the event that a worker does not meet standards or causes additional strife for the business you’ve assigned the contractor to. Regulations can get murky when it comes to insuring temps. Be sure to consider points like:
- Workers’ compensation coverage
- Protection in the event of negligence
- Errors & omissions coverage
Find Coverage That Makes Sense
While running a staffing business can offer some unique problems when it comes to insurance, there are a number of solutions available to you. Give yourself a chance to look through what will fit your company’s needs best and take the necessary steps to ensure your assets.