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Employment Practices Liability Insurance (EPLI) protects businesses against claims made by employees alleging workplace violations such as discrimination, harassment, wrongful termination, or retaliation. This coverage helps businesses cover legal defense costs, settlements, and judgments resulting from employment-related lawsuits.
EPLI insurance typically provides protection against:
Claims that an employee was fired unfairly.
Allegations of bias based on race, gender, age, disability, or other protected characteristics.
Accusations of inappropriate workplace behavior.
Claims that an employer took adverse action against an employee for whistleblowing or exercising legal rights.
Disputes over terms and conditions of employment agreements.
Claims related to unfair hiring or promotion practices.
EPLI is essential for businesses of all sizes, but it’s especially important for companies with employees, as lawsuits from current or former workers can be costly and time-consuming. Even small businesses can face employment-related claims, making EPLI a crucial part of risk management.
This coverage can be purchased as a standalone policy or added to a Business Owner’s Policy (BOP) or General Liability Insurance for extra protection.
As an independent insurance agency, we have access to multiple top-rated insurance companies. Our team will take the time to compare rates and find you the best deal!