Employers Practices Liability Insurance

With ever-changing laws and regulations regarding employment practices, businesses of all sizes face employment practices risk.  Employment practices liability insurance, also known as EPLI, is available to protect you against these employment-related claims and suits. This type of policy covers a business’s losses arising out of wrongful termination, discrimination, sexual harassment, or other employment-related practices claim filed against them.  Coverage can provide for costs of defense, settlement, and judgement for a lawsuit for certain employment-related claims.

You need employment practices liability insurance.  Commercial liability policies typically exclude EPLI claims. EPLI protects you if you are sued for damages and pays your defense for claims arising out of wrongful employment acts such as harassment and wrongful termination.

Settlements are getting more expensive.  All companies, big or small, face risk. You can be fault-free, but it still costs money.  Legal fees and defense costs for EPLI cases are on the rise and can easily exceed tens of thousands of dollars.