Why would I need “business” insurance if a hired employee?
January 21st, 2011
Question by LindaD: Why would I need “business” insurance if a hired employee?
I am in the interview process for a sales merchandising position and would be hourly+auto+gas+401k+major insurances+etc. One interviewer brought up the concept of “business insurance” that I would be responsible for. I don’t know…maybe she meant business auto? From what I can tell, neither makes sense. Wouldn’t the company be responsible for the insurance? I find myself rather confused.
I live in Massachusetts and would greatly appreciate input.
Yes. I thought right away it was a contracted position instead. & I plan on clarifying it at tomorrow’s interview. I was confused and wanted to explore the concept first in case there was something I’m missing.
It looks more like business auto use insurance. This is from another person in the company.
Minimum $ 100,000 for one person injured in an accident
· Minimum $ 300,000 for all injuries in one accident
· Minimum $ 50,000 for property damage
Best answer:
Answer by Artemisc
Perhaps you won’t really be an employee but are a contract worker, in which case, you might need it. Ask if you are an employee or not, and if they say you are, question them as to the regulatory basis for requiring you to possess business insurance.
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