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What is GigBOP - Business Owners Policy for Freelance Actors and Musicians?
Business Owners Policy covering Business Personal Property & General Liability with options in Employment Benefit Liability, Professional Liability, and Hired Non-Owned Auto Liability. Designed and tailored solutions for risks related to Gig Economy and emerging industries. Specifically created for home-based business, shared workspace offices, and limited footprint companies.
Businesses eligible for the GigBOP include: Artisan/Servicing Manufacturing, Direct Retail Sales, Online Retail Sales and Services. We have more than 75 classes available.
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GigBOP at a Glance
What do you mean by Gig Workers?
Gig workers are temporary, with flexible hours or freelance based workers. They are very popular due to the flexibility of online businesses. Gig work is increasingly popular as a side job, or a side hustle for people with more traditional full-time jobs to create an additional source of income. According to Upwork’s seventh annual Freelance Forward study, 59 million Americans worked as freelance workers in the past 12 months, representing 36% of the overall U.S. workforce. Examples of gig workers include contractors, online jewelry sellers, freelancers, business services and project-based workers.
Accepts payment via credit card or ACH. Policy forms, invoices and policyholder notices are sent electronically.
Visit the Insurance-As-A-Service™ Resources page available to policyholders for access at your fingertips a suite of value added resources for legal, human resource management, risk management, mental health, ergonomics and loss mitigation services.