10) Digital Insurance Platforms: Insurtech firms provide easy-to-use platforms for customizing gig insurance policies, in some cases through mobile apps offering pay-as-you-go methods of operation.
CONCLUSION
The development of the gig economy demands unique flexible insurance solutions. As a response, the industry has begun developing policies that account for the unique risks and needs of these kinds of workers-from income protection and liability to health insurance. This action is poised to bridge the gap between established traditional full-time employment benefits and the emerging concept of work in the gig economy.
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