In recent years, staffing businesses have become more and more prevalent. Since these organizations benefit both those looking for work as well as those in need of competent employees, it is easy to see why such agencies are growing in popularity. Naturally, the nature of this type of business can also leave organizations open to a plethora of potential legal problems. To ensure you avoid all the major pitfalls, review these tips.
Covering Your Biggest Risks
When it comes to picking the best possible medical staffing insurance, you need to think about the risks you are most likely to face. A traditional liability policy will likely not be enough to meet the unique hazards that will come about in the niche industry that your business operates within. Since the workers your send to work for clients don’t technically work for you or the client, you’ll need workers’ compensation coverage that extends to contractors and those that don’t fall under internal employment coverage. Other points to consider when picking insurance include:
- Commercial auto coverage
- Directors and officers policy
- Errors and omissions coverage
Finding the Best Fit
By understanding the exact risks you are likely to face, you will have an easier time coming up with a plan that keeps your business protected at all times. Review the basics and learn more about what moves you need to make for your company’s future.