MLchartDataset catalogue

Gig economy

Term · Insurance and risk management · MLC-T-INS-003661

A labor market characterized by the prevalence of short-term contracts or freelance work, as opposed to permanent jobs. This economic model presents unique challenges for traditional insurance products, as independent contractors often lack employer-sponsored benefits like health or disability insurance. Specialized insurance solutions are emerging to address the needs of gig workers.

Table 1. Record
IdentifierMLC-T-INS-003661
FieldInsurance and risk management
Record as JSON 
{
  "id": "MLC-T-INS-003661",
  "term": "Gig economy",
  "field": "Insurance and risk management",
  "definition": "A labor market characterized by the prevalence of short-term contracts or freelance work, as opposed to permanent jobs. This economic model presents unique challenges for traditional insurance products, as independent contractors often lack employer-sponsored benefits like health or disability insurance. Specialized insurance solutions are emerging to address the needs of gig workers.",
  "url": "https://mlchart.com/terminology/insurance/gig-economy/"
}

Record 1,555 of 3,748 in Insurance and risk management terminology (MLC-0106). Request the full dataset.