Employment agencies require certain kinds of insurance that may not be required at other places of business. This is due to the fact that employees at a staffing agency work under the supervision of the company that hires them as opposed to working directly with the agency. As a result, getting employment agency insurance is a wise decision since it can protect you from anything that could occur on the job.
Certain incidents may happen on a jobsite, and if you are unprotected, your staffing agency could end up getting sued. Having the right insurance will protect you against physical injuries, advertising injuries and damage to a third party’s property or reputation.
Employment Practices Liability
This type of coverage protects you against a wide array of problems that employees might experience, including wrongful termination of employment, slander, libel or being deprived of a rightfully earned promotion. Sometimes in these cases, a lawsuit is served to the employment agency, and you could end up spending more time and money than you want on something that could have been prevented.
The right employment agency insurance for your business should provide enough benefits that you will be covered under a number of circumstances. Do not allow yourself to remain unprotected. Get the coverage you need and plan ahead for anything that might happen in the future.