As an employer, you have a responsibility to your employees, your clients and your company. If you are somehow negligent in your duties as an employer, not only can your business suffer consequences, but you might also be held personally liable.
Today’s legal system is not lenient on claims against negligent employers. If a frivolous lawsuit is brought against you or your business, you’ll likely have to spend thousands of dollars on legal fees just to regain your reputation.
Employment Practices Liability Insurance, commonly known as EPLI, protects against claims which could arise for failure to maintain a safe working environment, sexual harassment and discrimination. Costly court battles over these issues can drain your company’s resources and diminish its reputation.
Common EPLI claims relate to failure to properly supervise employees and other daily management decisions, such as hiring, firing, wrongful termination, and advancement. This important coverage shields you from claims relating to harassment by employees (one to another) that goes undisciplined.
In addition, with increased use of mobile technologies, employers could be held accountable for failure to maintain proper safeguards. An EPLI policy will protect the potential risks involved.
We invite you to call one of our insurance experts today to discuss your EPLI insurance needs. We can also help you discover packages for D&O, crime insurance, E&O insurance – everything you need to help keep your company and its employees financially protected.