Who should buy Employment Practices Liability Insurance?
Employers of every size need Employment Practices Liability protection. Over 60% of the employee liability claims filed annually are against small employers. And, you are more likely to be sued by an employee than face a property loss (and you wouldn’t consider going without property insurance) Employers face a growing multitude of serious employment practices liability exposures in their day-to-day interactions with employees. Learn about the impact of Social Media on EPLI and guidelines you should consider including in your Employee Handbook. 5 Compelling Reasons why your firm should consider EPLI Employment Practices Liability Insurance (EPLI) protects businesses against legal defense expenses and damages resulting from wrongful employment practices including discrimination, sexual harassment, wrongful termination and other related workplace issues. It is estimated that one EPL suit could bankrupt 50% of all small business under 100 employees without Employment Practices Liability I
Related Questions
- I currently have other insurance policies that are facilitated by Gevity – for example, my Employment Practices Liability Insurance (EPLI). What happens to that coverage?
- Isnt this coverage included in our Directors and Officers Policy or Employment Practices liability Insurance?
- What is Employment Practices Liability Insurance (EPLI) and why should my company have it?