Employment Practices Liability Insurance (EPLI)

A Business Insurance Update

Every time you pick up a paper or turn on the news you are reading about some executive who is accused of sexual harassment. But what does not make the news is that a majority of employment claims involve firm with less than 50 employees. The Equal Employment Opportunity Commission (EEOC) recorded nearly 86,600 charges in 2017 and obtained more than $294 million in settlements for claimants. The average cost of an employment litigation claim was over $200,000 in 2017.

We Offer A Solution

Employment Practices Liability Insurance (EPLI), can cover and insure a business when employees sue the employer if they feel that their legal rights have been violated. EPLI protects against many kinds of employee lawsuits, including claims of:

•    Sexual harassment

•    Age discrimination

•    Mismanagement of employee benefit plans

•    Discrimination

•    Wrongful termination

•    Wrongful discipline

•    Breach of employment contract

•    Failure to employ or promote

•    Wrongful infliction of emotional distress

entertainment insurance

An EPLI policy will offer defense coverage even if you are in the right. Your business can transfer the risk of employees suing the corporation to the insurance company, as long as the claim is covered under the policy.