As the U.S. workforce continues to migrate from traditional onsite employment locations to jobs as remote and contract employees, the gig economy has emerged as a new, flexible and short-term type of work. Recent statistics show roughly a third of US workers are part of the gig economy. As a result, benefits and protections that come with regular full-time employment, such as life and health insurance, unemployment insurance, paid vacation or days off and minimum wage protection are not available in the gig economy. In addition, gig workers may face more significant risks than typical employees because their employer’s insurance does not cover them.

Keep reading to learn more about gig insurance and whether you need it.

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