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Employment Practices Liability Insurance (EPLI)
For protection against claims including but not limited to:
- Workplace discrimination
- Sexual Harassment
- Wrongful Termination
- Wage & Hour Law violations
WHY GET EPLI?
Most general liability and BOP policies now have a specific employment-related practices exclusion.
Your business is more likely to have an employment practices liability claim than a general liability or property loss claim.
Almost 75% of all lawsuits against businesses involve employment disputes.
EPLI claims are costly and time-consuming. Most employee lawsuits last at least one and half years and defense costs average above $100,000 per case.
You may think it won’t happen to you because you have a well-run business and you and your executives are caring and fair-minded. However, experience shows that if you have employees, you have the potential of an EPLI lawsuit.
Protect yourself and your company by obtaining an EPLI policy now.