Employment Practices Liability insurance (EPLI) is designed to protect small commercial businesses with 100 employees or less. It provides insurance for employment liability damages and defense costs due to claims brought by full-time, part-time, seasonal or temporary employees who allege employment discrimination, wrongful termination, or sexual harassment. Optional coverage for claims brought by business customers and vendors is available.

EPLIThe costs associated with employment practice-related claims can be staggering and are on the rise. Employers may face a number of claims and lawsuits over wrongful termination, discrimination, workplace harassment, and retaliation. And a business owner doesn’t even have to be in the wrong to be sued. The right insurance to cover defense costs and damages related to various employment-related claims can be critically important to help protect business assets. Here at Insure me SGB, provides comprehensive and customizable Employment Practices Liability Insurance (EPLI) designed to help protect business owners and their businesses.

Employment Practices Liability Insurance in Murrieta

Employment Practices Liability Insurance is coverage that responds to a wide variety of employment-related allegations made by employees such as harassment, discrimination or wrongful termination. Also known as EPLI Coverage, employment practices liability insurance is designed to protect small businesses in the event an employee files a lawsuit claiming harassment, discrimination or another such wrongdoing.

Employment Practices Liability Insurance is typically issued on a “claims-made” basis, which means a claim will only be covered if the incident in question occurred while your insurance policy was active AND your policy is still in force at the time when the claim is made.

Protect your employees, and your organization from claims Employment Practices Liability Insurance can protect your organization, as well as past and present directors, officers, and employees, against disgruntled employees and job applicants.

Why Your Small Business Needs Employment Practices Liability Insurance

What Is Employment Practices Liability Insurance (EPLI)?

Businessman sitting in front of colleagues

If the employee files a lawsuit alleging things such as sexual harassment, discrimination, wrongful termination or breach of an employment contract, Employment Practices Liability Insurance can help protect the financial assets of the business.

Why is Employment Practices Liability Protection Needed?

Unfortunately, it’s not uncommon for nannies, housekeepers, private assistants, gardeners, and others to take their employers to court.

Employment Practices Liability Insurance (EPLI Coverage) responds to claims of wrongful termination, sexual harassment, discrimination and other suits brought forward by domestic employees. There is no coverage for these types of claims on personal liability or workers’ compensation

Even if the allegations are false, a liability lawsuit could drag on for months, bring grief to your family and cost thousands to defend. If the staff member leaks their claim to the media, your reputation also could suffer irreparable damage.

Employment Practices Liability Insurance will provide protection for an employer from claims made by employees, former employees, or even potential employees.

Employment Practices Liability: Would Your Non-profit Be Protected?

It’s important to understand that non-profit organization is subject to the same types of employment-related claims that for-profit businesses face. In fact, it’s estimated that a business is more likely to be sued by an employee than experience a fire.

If your non-profit organization has volunteers, employees, or works with a third party in any way, you should consider the protection of adding an employment practices insurance policy.

Employment practices liability insurance (EPL), protects your non-profit organization in the event of allegations arising from:

  • Wrongful termination of volunteer
  • Sexual Harassment
  • Discrimination
  • Unfair hiring practice
  • Hostile volunteer/work environment

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Employment practices liability insurance can help

Obtaining business employment practices liability insurance will cover litigation expenses alleged by anybody from the employee to the third party. It is important to have other strategies in places such as employee handbook and training to manage these risks but when all else fails employment practices liability insurance will help protect you and lower fiscal risks.

To get help choosing the right business liability EPLI coverage, contact an independent agent in the Insurance Murrieta Broker network. Our agents represent multiple insurances and its coverage, providing you with a broad range of options to meet your needs. Find an agent in your community today and start addressing your top business risks.

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