Do I Need EPLI Insurance and What Does It Cover?

by R&I Consultants

EPLI InsuranceIf you are a business owner, be sure to talk with one of our commercial insurance consultants today. They will examine your current coverage and make sure you have everything you need, including EPLI insurance.

EPLI insurance, or employment practices liability insurance, protects businesses from the financial consequences associated with a variety of employment-related lawsuits brought by employees, former employees or potential employees. It also protects offenses made by third-parties to the company such as vendors or customers.

EPLI insurance covers allegations such as discrimination (age, sex, race, disability, etc.), wrongful termination of employment, sexual harassment and others.

With cases against employers constantly on the rise, companies are finding that they are vulnerable from the pre-hiring process through the exit interview. This means that even if the employee was never hired or only at the company a day, they can make a suit.

Though the need for such coverage is growing, many think that they are already covered for such events under regular liability insurance. This is not so. In fact, most standard liability policies do not provide adequate coverage.

All businesses need to protect themselves against the risk of lawsuits. Call Risk & Insurance Consultants at 404-459-5975 to learn more about EPLI insurance.

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Your exceptional service has allowed us to meet, if not exceed, our customers’ needs and expectations. We have truly found a partner in R&IC. Sherri Holcombe, Risk Administrator, GTO 2000