When it comes to running a staffing agency, the right insurance plan is essential to ongoing success. Without reliable coverage, a company is vulnerable to a number of serious risks that can devastate a business in the long term.
Employment practices liability
is just one important policy that all staffing agencies must have in place to ensure insurance coverage is complete. The following information highlights just what these policies can do for a staffing firm, as well as documenting the incidents covered under such insurance.
Claims and Lawsuits Can Greatly Damage a Business
Staffing agencies play a crucial role for many businesses in search of highly skilled temporary workers. As a result, numerous incidents may occur that can greatly jeopardize an agency's ability to offer quality service.
Fortunately, employment practices liability can mitigate some of the damage associated with a number of legal claims. Such claims include the following instances, which can serve to damage even the most successful staffing businesses:
- Wrongful Discipline/Termination
- Sexual Harassment
- Breach of Contract
Additionally, these policies afford protection to both temporary workers, as well as those employed by the staffing agency itself. This ensures that the right insurance coverage will be in place no matter what occurs.
Reliable Insurance Can Help Every Business
Obtaining reliable insurance coverage is important for every business, but it is particularly critical for those at the helm of staffing firms. By implementing an appropriate plan, a staffing firm can focus on providing the best service possible to a variety of businesses.