Temp work on-demand platform GigSmart now offers its workers insurance

GigSmart, the modern staffing solution connecting businesses with temporary workers, announced Occupational Accident Insurance (OAI) coverage to protect every GigSmart Worker.

In partnership with Bunker, an insurance compliance and verification provider, businesses can now use GigSmart to hire insured Workers. These Workers are automatically covered in the event an accident takes place while they are working a Gig. OAI is similar to workers' compensation in that it provides medical expense coverage to 1099 workers for accidental injuries incurred on the job or related benefits associated with fatalities incurred on the job. It also prevents businesses from relying on their commercial insurance policy in the unfortunate event a Worker is injured at their workplace.

"With the addition of required OAI coverage for every GigSmart Worker, businesses can use GigSmart to find and hire insured contingent workers faster and more cost-effectively than any other staffing solution in the market today," said Rich Oakes, President of GigSmart.

"This added benefit helps protect our Worker community while reducing the potential risk of liability on our business requesters — all at no additional cost to them," Oakes continued.

Since contractors are independently employed, they are not eligible for workers' compensation but are still just as much at risk as full-time employees. Should they incur any work-related injuries or medical costs, OAI coverage can help cover unexpected medical expenses that would otherwise need to be paid out-of-pocket. The OAI coverage provided by GigSmart is required for Workers as part of their use of the Get Gigs app. It gives Workers access to up to $1,000,000 in medical injury coverage, in addition to other benefits.

Available across 23 major US markets, GigSmart's two hiring apps are growing significantly month-over-month. The GigSmart Get Workers hiring app provides businesses access to local, skills-based, and insured Workers who can be hired on the fly at low costs with no lead time. The GigSmart Get Gigs app provides individuals access to local, on-demand Gigs available across nearly every industry. Both apps are available today to download in the Apple App Store and Google Play Store.

SOURCE GigSmart and Bunker