Employment Practices Liability Insurance

Employment Practices Liability Insurance

Employment practices liability insurance (EPLI) is liability insurance covering wrongful acts arising from the employment process. The most frequent types of claims are: wrongful termination, discrimination, sexual harassment, retaliation, invasion of privacy, false imprisonment, breach of contract, emotional distress, and wage and hour law violations.

The costs associated with employment practice-related claims are on the rise and can seriously affect a business even if you are not in the wrong. The right insurance is critical to help protect business assets.

Unlike some BOP policies, BOP can help protect your business if your customers, vendors, or business invitees accuse you of harassment or discrimination. Other BOP’s may limit protection to just your employees’ claims against you.  To insure you are adequately protected, especially if you have a significant amount of customer contact you need a third-party EPL policy.

Employment related claims affect businesses of every size, in every industry and can disrupt businesses, hurt employee morale, damage reputations and cost businesses financially … even before going to court.

Find out more about EPLI and how it fits into your business insurance portfolio, call or request a consultation with a Heritage Group associate today.