Employment Practices Liability Insurance (EPLI)

• Protection Against Legal Costs: It helps cover the expenses associated with defending against claims and any settlements or judgments that may arise.
• Preservation of Reputation: Managing employee claims effectively helps maintain your business’s reputation and supports a positive workplace culture.
• Regulatory Compliance: With laws frequently changing, EPLI ensures you’re prepared to handle claims according to current legal standards.

• Wrongful Termination: Claims by employees who believe they were unjustly fired.
• Discrimination: Allegations related to unfair treatment based on race, gender, age, or other protected characteristics.
• Sexual Harassment: Complaints involving inappropriate behavior or unwelcome advances in the workplace.

• Criminal Acts: Any damages or claims arising from criminal activities are excluded.
• Wages and Benefits Disputes: Issues related to pay or benefits often fall under different types of insurance or legal frameworks.
• Intentional Acts by the Employer: Deliberate violations of law or regulations are not protected under EPLI.

The cost of EPLI depends on several factors, including:

• Number of Employees: Generally, more employees mean a higher risk of claims and thus higher premiums.
• Industry and Location: Certain sectors and regions with a history of more frequent claims may see higher insurance costs.
• Company Policies and Training: Effective HR policies and regular employee training can reduce the risk and potentially lower insurance premiums.