Staffing INSURANCE

What insurance coverages does your staffing company need?

Proper Staffing Insurance is an important part of a staffing company's business. What would happen to your business if one of your employees was injured or became ill? What if one of your employees was involved in an accident at work? Would your staffing company still be able to continue operating if you had to pay for their medical bills or other claims?

Staffing Insurance is a crucial part of a staffing company's business plan. Without insurance, your company could be in a very precarious situation. Below are examples of insurance coverages that are available to staffing companies.

INSURANCE EVERY STAFFING COMPANY SHOULD HAVE:

General Liability Insurance

General Liability is the basic insurance any staffing company might be required to carry by their clients. This includes things like third-party injuries and damage claims, property damage, reputational harm, and copyright infringement.

Professional Liability Insurance

A very important coverage for any staffing company that is in the business of staffing temporary workers or perm placements. Professional Liability can protect your business from malpractice, errors, or negligence in the rendering of your duties. Since you are providing employees to your clients you can run into trouble if any of the employees fail in their duties. For example, an employee not having the necessary skills for the job, not meeting the conditions of your contract, or failing to adhere to industry regulations.

Workers Compensation Insurance

Workers compensation insurance protects employees and employers alike from financial loss as a result of injuries sustained on the job.

-Workers compensation reduces the financial risk for employers in the event of employee injuries.
-Workers compensation insurance means that employees are not uninsured, which is a benefit to employees and employers alike.

ADDITIONAL COVERAGES AVAILABLE FOR STAFFING COMPANIES:

Cyber Liability Insurance

Commercial Umbrella Insurance

Hired and Non-Owned Auto Insurance (HONA)

Crime/3rd Party Theft Insurance

Property Insurance

Employment Practices Liability

Employee Benefits Liability

Abuse & Molestation Insurance

Contact our team at Akker, LLC we would love to help you with your staffing insurance needs. Akker, LLC works with A+ rated national staffing carriers.

email - info@akkerins.com