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Employment Practices Liability Insurance (Hot Topic - 8-29-17)

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HOT TOPIC TUESDAY

 
Ask the Expert - What You Need to Know About Employment Practices Liability Insurance

 

Originally August 29, 2017

 
Moderator: Laura Bianchini, Moody Insurance

 

 

This is your chance Ask the Expert about Employment Practices Liability Insurance (EPLI).  EPLI encompasses a broad range of issues such as gender, race and age discrimination, harassment, wrongful termination and retaliation.

 

WHY DO I NEED EPLI?

  • EPL Insurance protects businesses against liability for claims brought by employees who allege employment-related wrongful acts.
  • Even businesses with strong Human Resources policies and procedures can face claims of wrongful employment activities. These claims must be defended.
  • Legal fees are costly, with the average employment suit costing over $120,000.
  • More claims are made during a weak economy.
  • No EPLI coverage is provided by a standard General Liability, Workers Compensation or Umbrella policy.

Our expert is Laura Bianchini of Moody Insurance.  She will explain the importance of this coverage.

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