EPLI (Employment Practices Liability Insurance) protects businesses against employment-related claims made by workers who allege that their legal rights as employees have been violated.
The number of lawsuits filed by employees against their employers has been increasing. While larger corporations are often targeted, no business, regardless of size, is immune from such claims.
The number of employee lawsuits has been on the rise. Even businesses with strong HR policies and compliance programs are not immune to claims. Without EPLI, defending against these lawsuits can be financially devastating.
EPLI typically covers claims related to:
- Sexual harassment
- Discrimination
- Wrongful termination
- Breach of employment contract
- Negligent evaluation
- Failure to employ or promote
- Wrongful discipline
- Deprivation of career opportunity
- Wrongful infliction of emotional distress
- Mismanagement of employee benefit plans
Coverage terms, limits, and exclusions vary by policy and provider.
How much does EPLI Coverage Cost?
The cost of EPLI coverage depends on several factors, including:
- The type of business and industry risk level
- The number of employees
- Past history of employment-related claims or lawsuits
- Existing workplace policies and risk management practices
Get an EPLI Quote Today
Protect your business from employment-related lawsuits before they happen.
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