Employment Practices Liability Insurance EPLI

Employment Practices Liability Insurance , commonly referred to as EPLI is a type of liability insurance covering wrongful acts arising from the employment process or inappropriate work conduct. These acts include but are not limited to:

    • Discrimination
    • Sexual harassment
    • Wrongful termination
    • Retaliation
    • Defamation
    • Wage & Hour Disputes
    • Invasion of privacy
    • Failure to promote
    • Wrongful discipline
    • Negligent evaluation
    • Breach of employment contract
    • Deprivation of a career opportunity
    • Mismanagement of employment benefit plans

Liability damages and defense costs due to the charges brought by your employees or recognized volunteers are excluded by most liability policies. Only through purchasing EPLI Insurance can you fund these potential losses through an insurance policy.

A study conducted in 2015 by Hiscox showed that “U.S. based companies had at least an 11.7% chance of having an employment file charged against them.” With employers of small- or mid-sized businesses (those with 500 or less employees) having faced employment lawsuits at an average of $125,000, it is extremely important to evaluate if you can afford not to protect your company by purchasing EPLI.

For a free consultation fill out the form to the right or call one of our Risk Advisors at (914) 488-4164.

Call a Risk Advisor today at (914) 488-4164 !