Employment Practices Liability Insurance
Employment Practices Liability Insurance otherwise referred to as EPLI provides coverage for defense costs and damages arising from claims by workers that their rights as employees of the company have been violated. Examples of certain employment-related claims include:
- Wrongful Termination
- Sexual Harassment
- Failure to employ promote
- Mismanagement of employee benefit plans
- Negligent Evaluation
- Breach of Employment Contract
- Deprivation of Career Opportunity
- Whistleblower Claims
Each Employment Practices Liability Insurance (EPLI) policy is different so be sure to fully understand what each company and policy will cover and what types of claims are excluded. One example of a common exclusion from an EPLI policy is wage and hour claims. Some carriers may pay for a defense against such EPLI claims, but tend not to pay for damages or penalties awarded in a judgement.
In is important to know the laws of the state your employees will be working in. You can find some helpful information through the California Department of Industrial Relations.
Contact the Schneiderman Insurance Agency today to discuss your Employment Practices Liability Insurance (EPLI) needs.