Employment Practices Liability Insurance

Employee lawsuits are up 400 percent in the last 20 years; coverage isn’t just important, it’s necessary.

Keep your business protected from all angles.

Every day, you’re faced with choices to make, sometimes very difficult ones. Even when made with the best of intentions and well within your rights, these choices can be viewed by employees as wrong, and unfortunately may result in a lawsuit.

Employee practices liability insurance (EPLI) can protect you and your company in the case of an employee suing for any number of possible violations, including wrongful discipline, sexual harassment, violation of the Family and Medical Leave Act, and failure to promote, among many others. Having EPLI will give you coverage in these instances, and protect your business from exposure due to these claims.

By the numbers…

When considering cost, first think about potential legal fees. Cases dismissed in court cost an average of $15,000, and cases that are settled out of court average around $30,000. Cases that are successfully brought to trial cost a business on average $175,000.

In the case of employee practices liability Insurance, the annual premium is between $800 and $3,000, with an average of approximately $1,200, giving you coverage ranging anywhere from $10,000 to $2 million.

What can employment practices liability insurance cover for you?

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Discrimination

Uunjust treatment based on certain characteristics

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Retaliation

Adverse action taken against an employee because of a complaint

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Breach of Contract

Failure to perform on a piece or all of a contract

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Defamation

A false statement that harms the reputation of an individual

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Wrongful Termination

Being terminated from a job for unlawful reasons

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Negligent Evaluation

Claiming an evaluation was unfairly low or inaccurate

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