Employment Practices Liability Insurance (“EPLI”) covers businesses against claims by workers who assert that their legal rights as employees of the company have been violated.
The number of lawsuits filed by employees against their employers has been steadily rising. In today’s world, no company is immune to such lawsuits. Recognizing that smaller companies now need some kind of protection, some insurers provide this coverage as an endorsement to their Businessowners Policy. Other companies offer EPLI as a stand-alone coverage. LRK will work with your company to ensure that you have the right type of coverage in place to fully protect your business.
EPLI provides coverage, including cost of defense, against many kinds of employee lawsuits, including claims of:
- Sexual harassment
- Discrimination
- Wrongful termination
- Breach of employment contract
- Negligent evaluation
- Failure to employ or promote
- Wrongful discipline
- Deprivation of career opportunity
- Wrongful infliction of emotional distress
- Mismanagement of employee benefit plans
LRK has successfully arbitrated coverage under EPLI policies and has analyzed many such policies and advised companies accordingly. Many employers believe their general liability or workers’ compensation policies protect them against employment suits. The truth is, these policies do not. Most companies can significantly benefit from having an experienced coverage attorney review pending and future employment claims to ensure the employer is receiving the maximum benefits from its policies.
EPLI LIABILITY
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