TUESDAY, MAY 22, 2012
If you don't have it, you should contact our agency to obtain Employment Practices Liability Insurance (EPLI).
What does EPLI coverage do for you? It protects the business owner from employee-related claims such as wrongful termination, sexual harassment, discrimination, failure to hire or promote, hostile work environment, etc. These protections are not available under your workers compensation policy.
- The average cost to defend even a small EPLI claim is $10,000
- Settlements average $80,000
- 1 in 4 business owners think they're already protected
- Businesses with even 1 employee can be held liable
Don't ignore a risk to your business greater than fire. Contact our agency to discuss this important protection.