General Liability Insurance
As a company’s Employer of Record, Strategic Contracting Services (SCS) is responsible for providing general liability insurance. As opposed to most professional employment organizations, an Employer of Record (EOR) covers both general liability insurance and workers’ compensation insurance coverage.
SCS makes sure a company’s employees are covered for damages, such as those caused to property, both company and personal, or other people. When you partner with an EOR, you no longer need to worry about liability because we have your back.
What is General Liability Insurance?
It's crucial to understand the significance of general liability insurance and workers' compensation in safeguarding both employers and employees.
General liability insurance provides coverage for legal expenses, settlements, and medical costs associated with third-party claims of bodily injury, property damage, or advertising injury caused by the business's operations or products. This insurance offers financial protection against lawsuits and other liabilities that may arise from accidents or unforeseen events in the workplace or while conducting business activities.
How can SCS help with General Liability Insurance?
The goal of sufficient insurance coverage is prevention, security, and resolution. Thus, the general liability insurance programs provided by SCS covers the bases for employees employed by SCS:
- We offer a certificate of liability insurance to clients.
- We guarantee that your business is covered in a multitude of scenarios.
- We cover the cost of damage to property caused by an employee
- We handle unpreventable accidents that occur in the workplace
- We cover the cost of investigating and administrating claims.
- We provide business owners with the peace of mind needed to succeed.
Why hire an EOR to handle General Liability Insurance?
Employer of Records specialize in navigating complex legal and regulatory requirements, ensuring that businesses remain compliant with insurance obligations and mitigate potential risks. By entrusting these responsibilities to an EOR, companies can offload administrative burdens and focus on core business activities, saving time and resources.
Additionally, EORs have established relationships with insurance providers, allowing them to secure competitive rates and comprehensive coverage tailored to the specific needs of each client. This ensures that companies have adequate protection against unforeseen events, such as workplace accidents or third-party claims, without overspending on unnecessary premiums.
Furthermore, EORs provide expert guidance and support in managing insurance claims and addressing any compliance issues that may arise, offering peace of mind and assurance to both employers and employees.
By taking the responsibility of general liability insurance on our shoulders, Strategic Contracting Services frees you to do what you do best — the business of your business.