Running a staffing agency is never easy. There are so many different things that need to be considered. One of those things you need to think about is staffing insurance. This type of insurance is important for your agency for a few key reasons.
The first thing that any type of insurance does is it protects the business against claims of damage to persons or property. These claims can be from employees placed by your agency or by employers who have had enlisted your staffing services. Either way, these claims can be detrimental to your pocketbook if you are not properly insured. Insurance keeps your money where it belongs – with you.
Protects the Employees You Place
Insurance can also protect the employees you place into other companies in the event of an accident. Many policies protect the company in the event of damage or accident caused by an employee placed by your agency. This makes it so that the employee isn’t, themselves, liable for the damage caused. The damage will be compensated for by the insurance policy. In this way, it protects the employee from having to pay for damages themselves.
There are many different reasons to get staffing insurance for your agency. With so many things that can go wrong, making sure that you are covered in the event of an incident could be crucial to your company’s survival.