Employment Practices Liability Insurance provides protection for an employer and its employees against claims made by current, former, or potential employees for actual or alleged discrimination, Wrongful Termination, Sexual Harassment And Other Employment-Related Allegations.
Frequency and expenses of defending and settling employment-related matters is rapidly increasing
Median Premium for EPLI Policy: $1,200.00 Annually
Claim Scenario
Racial Discrimination – A group of Indian descent applicants sued a private retail store for ethnic and racial discrimination after learning they had all been denied employment strictly based on their race and ethnic background. The Defense Cost and Settlement was over $200,000
Disability Discrimination – An employee went out on medical leave for treatment of an illness. When he was ready to return to work the insured told him his position had been filled by someone else and his job was no longer available. He filed suit for lost wages, emotional distress, and violation of disability discrimination statues. The Defense and Settlement was greater than $100,000
Not Just A Policy, But Employment Practices Liability Insurance Risk Management Services Are Included In the Premium
- An online library of articles: management briefs on a range of workplace-related topics for risk managers, human resources professionals, and other upper-level management.
- Best Practices Knowledge Base: a searchable archive of real-life workplace scenarios that provide insight into the proper management of workplace-related risks and exposures
- Self-Assessments: assessments to assist in evaluating your company’s risk exposure levels and provide training to shore up your defenses
- Model Employment Handbook
- Model Workplace Policies and Forms
- Links to hundreds of helpful workplace-related websites
- Communication Center: electronic access
Contact Your Agent, Answer a Couple of Questions and Get Informed
