Employment Practices Liability Insurance (EPLI) defends a business against lawsuits brought by employees who allege their legal rights as workers have been violated. This coverage is crucial for managing the growing risk of claims related to wrongful termination, discrimination, workplace harassment, and retaliation, paying for legal costs and settlements.
- What It Is: Insurance that covers a business against claims made by employees alleging their employment rights were violated.
- What It Covers:
- Wrongful Termination
- Discrimination
- Sexual Harassment
- Retaliation
- Who It’s For: Any business with employees.
- Key Considerations: The risk of such claims is growing, making this an increasingly important policy that complements D&O and Workers’ Comp.