Many businesses are getting ready to hire summer interns. These internships can be rewarding for the college student as well as provide some help to the business. Offering paid or non-paid internships can create risk for your business. If the interns are receiving wages, they will be considered employees of the company, and eligible for workers’ compensation insurance coverage under your current policy. If the interns are not receiving wages, you should check with your workers’ compensation insurance carrier to make sure they are covered for workplace injuries.
The Department of Labor (DOL) recently updated their requirements for interns.
Businesses need to evaluate their internship program to ensure they meet the DOL criteria and any applicable state laws. Unpaid internship programs should be designed to provide an educational experience.
Robert Bell Insurance Brokers offers the business insurance products you need. Our professional agents will consult with you on the coverage and premiums that meet your specific needs. Feel free toget in touch or get a quote today.
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