What Is Employment Practices Liability Insurance?
This type of insurance, or EPLI, is made for employers to protect them against allegations made by employees that could potentially harm the business. EPLI is more beneficial in newer businesses who are often vulnerable against employment claims, but can be used for large companies as well. In some cases, EPLI can be offered as an endorsement to a Business Owner’s Policy (BOP) and a General Liability Policy (GL).
Offers Coverage for Wrongful Claims Such As:
- Employee Discrimination
- Wrongful Termination
- Other employment-related issues