Employment Practices Liability Insurance (EPLI)

Why you need Employment Practices Liability Insurance:
  • A private company is more likely to have an Employment Practices claim than a General Liability or Property claim
  • Almost 75% of all litigation against corporations involves employment disputes
  • 65% of employers who have fired an employee have been hit with a lawsuit
  • The average cost to defend an Employment Practices claim is $150,000 and the median award is $250,000
  • Over 40% of Employment Practices claims are brought against companies with under 100 employees

Important coverages we offer in our EPLI policy.

Make sure you have all of these features:

Coverage
Features
Our
Group
Competitors' Policy

Defense Outside the Limit – We bear all costs of defense above the retention and defense costs do not erode the Limit of Liability (if a $500k or higher limit is chosen)
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Duty to Defend – We have an obligation to defend all alleged or potential Wrongful Acts (as defined in the policy) even if found to be groundless, false or fraudulent. Expert outside defense counsel chosen by us and in-house claims adjusters are used to control defense costs and reduce overall claim costs
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Covered acts include but are not limited to Harassment, Discrimination, Wrongful Termination, Retaliation, Failure to Promote and Negligent Supervision
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Full Prior Acts available - Coverage for acts occurring prior to the policy inception that turn into claims within the scope of coverage and are reported during the policy period
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Policy is non-cancelable except for nonpayment of premium
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Punitive Damages coverage available
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Third Party – Coverage available for Discrimination and Sexual Harassment by an Insured against any non-Insureds including but not limited to vendors, clients and customers
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Risk Management Services – Free Unlimited Employment Practices Consultation Helpline PLUS sexual harassment prevention training online at a 50% discount (satisfies state mandated training including CA, CT and ME)
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Does your EPL policy address the following scenarios?