As an employer, you are at risk from the people you hire and even the people you decide not to hire. With the proliferation of federal, state, and local employment laws, your practices could make you vulnerable to costly litigation. Employment Practices Liability Insurance (EPLI) protects your company against the financial impact of such claims.
Most employers don’t intentionally condone practices of discrimination or harassment – the two leading allegations brought by plaintiffs – and may follow good employment practices. But as the employment relationship becomes more complex, with more federal, state, and local employment laws, they find themselves operating in an environment fraught with EPL landmines and tripwires.
The impact a discrimination lawsuit can have to your bottom line, as well as your company’s image, employee morale, recruitment and retention, company revenues and stockholder confidence, can be devastating.
Standard liability policies don’t cover employee-related litigation or problems related to benefits administration.
We are here to assist you in evaluating your exposures and the level of protection required to meet your goals.