The smart business owner understands that even when they’ve created a safe and healthy work environment, employment issues can come up. Developing good work practices can reduce the risk of claims, but they can’t eliminate all potential work-related problems. EPLI can protect your business from costly litigation.
What Is EPLI?
Employment Practices Liability Insurance (EPLI) can cover many of the costs involved in work-environment claims. Such expenses as court costs, attorney fees, and damages involved in the claim are reimbursed under a typical EPLI policy.
Below are a few examples of work-related claims that EPLI can protect against.
- Hostile work environment – If an employee is defamed by other employees on social media or other public forums, the unwarranted disparaging remarks could put the employee’s reputation at risk.
- A claim of discrimination – Age, race, and gender must not influence employee-related decisions in the workplace.
- Sexual harassment – Inappropriate sexual comments or questions about an employee’s personal life are not tolerated in the workplace.
- Wrongful demotion or termination – This claim can be more difficult to prove. In order to qualify, the terminated employee must show at least one breach of their contract of employment.
These are only a few of the reasons it is critical for every employer to look into EPLI coverage so that they can protect their investment.