What Types of Coverage Might Employment Agencies Benefit From?

To find a truly suitable insurance policy for the staffing industry, you need to consult with professionals who understand the risks that an employment agency insurance policy must address. There are all types of business insurance policies available for a wide range of businesses and industries. Every policy should be tailored to the unique needs of any given business. The same is true for the unique needs of employment agencies.

Unique Risks

Since employment agencies spend much of their time with temporary employees looking for permanent job placement, there are certain risks these agencies face which might not necessarily be applicable to other types of businesses. Some types of coverage that these agencies might benefit from include:

  • Hired and Non-Owned Liability
  • Fiduciary Liability
  • Umbrella Liability
  • Abusive Acts Liability
  • Personnel Consultants Liability
  • Employment Practices Liability

In addition to these covered areas, the staffing industry is likely to benefit from other standard coverage, such as:

  • Cyber liability
  • Workers Compensation
  • Crime
  • General liability

Get Adequate Coverage Today

Although every specific policy is likely to differ, staffing agencies are most likely to benefit from many of the employment agency insurance coverage options that are similar to these. Employment agencies must not only strive to protect their immediate businesses, but also the temporary employees they are trying to assist. For more information, consult with insurance professionals who have a sound understanding of the staffing industry.

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