Employment Practices Liability Insurance (EPLI)
As an employer, you are at risk from the people you hire and even the people you decide not to hire. With the proliferation of federal, state, and local employment laws, your practice could make you vulnerable to costly litigation. Employment Practices Liability Insurance (EPLI) protects your company against the financial impact of such claims.
EPLI Coverage Includes
EPLI policies provide coverage for the legal costs and damages associated with claims by current or former employees for:
- Age, race, or gender discrimination
- Denial of promotion
- Failure to accommodate the needs of the disabled
- Failure to make partner
- Invasion of privacy
- Sexual harassment
- Wrongful dismissal
Some policies will also cover suits by contract or temporary employees. Strong internal employment policies can sometimes help lower your premiums.
Why Your Company Needs EPLI Coverage
Most employers don’t intentionally condone practices of discrimination or harassment – the two leading allegations brought by plaintiffs – and may follow good employment practices. But as the employment relationship becomes more complex, with more federal, state, and local employment laws, they find themselves operating in an environment fraught with EPL landmines and tripwires.
The impact a discrimination lawsuit can have to your bottom line, as well as your company’s image, employee morale, recruitment and retention, company revenues and stockholder confidence, can be devastating.
Standard liability policies don’t cover employee-related litigation or problems related to benefits administration.
We are here to assist you in evaluating your exposures and the level of protection required to meet your goals.
The Brunswick Advantage
Brunswick Companies offers Employment Practices Liability insurance policies from a wide range of top ranked carriers. With over 35 years of commercial experience, we have the know-how and industry contacts to match your needs with the plan that best suits your risk management and financial goals.