What is Employment Practices Liability Insurance (EPLI)?
Employment Practices Liability Insurance (EPLI) offers protection against claims brought by employees, former employees, or applicants alleging employment-related violations, such as discrimination, harassment, wrongful termination, or retaliation. As firms grow and workplace regulations evolve, Employment Practices Liability Insurance coverage serves as a tibal safeguard against the complex and costly risks associated with managing a workforce, helping firms preserve their operations, reputation, and resources.
Why Obtain Employment Practices Liability Insurance?
Employment disputes can arise even in firms with rigorous compliance practices. Without EPLI, defending against such claims can be costly and disruptive. Employment Practices Liability Insurance coverage ensures your firm is equipped to manage employment-related risks effectively, maintaining internal stability and protecting critical resources.