EPLI – Employment Practices Liability Insurance

EPLI – Employment Practices Liability Insurance, Lawsuit Protection, Sexual / Emotional Harassment, Discrimination, Wrongful Termination

EPLI provides protection against state and federal employment-related claims, including cost of defense, such as:

• Sexual harassment
• Discrimination
• Wrongful termination
• Breach of contract
• Negligent evaluations
• Failure to promote
• Wrongful discipline
• Infliction of emotional distress

We can help you obtain Employer Practices Liability Insurance (EPLI) to protect your business from claims by employees, former employees, or candidates for employment.

EPLI: For Companies of All Sizes

The number of lawsuits filed in Indiana by employees against their employers has been rising and judgments awarded to plaintiffs have been increasing.

While most suits are filed against large corporations, no company is immune to such lawsuits.

EPLI policies can be written whether you have other liability coverage in force or not.

EPLI: Protects Against Employees' Litigious Nature

EPLI, a relatively new product in the insurance market, protects your company from liabilities not covered under general liability policies.

Very few employers currently carry EPLI even though statistics show that businesses are more likely to face an employment claim than a property or general liability claim.

EPLI: One Claim Can Have a Devastating Effect

Employers today don’t equate the benefit of an EPLI policy to its cost. While EPLI coverage can be expensive, potential damages arising from an employee claim can be devastating to the bottom line.

Historically, an EP claim can settle at $40,000-$100,000, if it doesn’t go to court!

If the case does goes to court, damages awarded by the court average over $200,000, with as many as 10% of wrongful termination suits resulting in damage awards of over $1 Million.

The cost for employers to defend themselves can exceed $45,000 for a single claim.

EPLI typically covers most of the damages that a business faces in an employment lawsuit, including:

• Back pay
• Attorneys' fees
• Compensatory damages
• Front pay

EPLI: Employee Training Can Reduce Liability

We can even arrange for employee training and educational information to help lessen your liability profile.

In addition to providing coverage if there is a claim, some EPLI carriers will provide or help pay for employment practices training, which hopefully reduces your chances of getting sued in the first place.