Employee Practices Liability Insurance
Are you covered if an employee files a claim against your business?
What is EPLI Insurance?
Employee Practices Liability Insurance (EPLI) protects your company if an employee files a claim or brings a lawsuit related to workplace issues. Examples include wrongful termination, workplace discrimination, and failure to comply with state and federal employee-related regulations.
What is covered?
Employee Practices Liability Insurance claims are increasing, according to Insurance industry sources like ISO MarketStance. Human resources provider, SHRM, cites the average cost for defending and settling employment cases is $160,000.
Employee Practices Liability insurance typically covers:
- Workplace sexual harassment claims
- Workplace discrimination claims such as sexual, age, disability, and race discrimination
- Equal Employment Opportunity Commissions and Title VII claims
- Lack of compliance claims such as the FMLA and unequal compensation claims