Choosing the correct employment agency insurance is critical for the success of your business. The right insurance agency will know the unique challenges of your industry, while also offering the most accurate protection you can afford.
Ensures Correct Classification
It’s important to find an insurance policy that correctly classifies your type of employment agency. There are often different coverage options for agencies doing permanent placements versus agencies focusing on temporary assignments.
Provides Peace of Mind
A good insurance policy can cover several types of liability. Some of the common liability options can include:
- Employment Practices
Liability coverage is important because under certain covered circumstances, it can help provide funds for a legal defense and to pay for damages.
Protects Against Worst-Case Scenario
Even with screening and interviews, your agency could face lawsuits from unhappy clients. When facing a worst-case scenario, you want to work with an insurance company that identifies and tracks industry developments so that you have custom-fit products and services.
The right employment agency insurance should fit how you do business so that you can rest easy knowing you are protected against even the most unlikely of events. Insuring your employment agency ensures you can do business without worry.