Employment risks are some of the most serious faced by California employers. These risks can include sexual harassment and discrimination. Employment litigation can destroy a firm large or small. Employment Practices Liability Insurance otherwise known as EPLI is insurance that helps protect you against claims from your employees that result from the general conduct of your business
An EPLI (Employment Practices Liability Insurance) policy covers claims made against directors, officers, employees, the company and its subsidiaries. The policy can cover a long list of claims including wrongful dismissal/termination, sexual/racial/disability harassment, sexual/racial/disability/religious discrimination, employment related libel, slander, defamation and invasion of privacy, wrongful failure to employ or promote and retaliation
It’s becoming harder to ignore the “Me” culture which continues to gather pace. Small and medium sized businesses saw the largest increase in claims in 2013, up 33% according to human resources experts. The average claim cost is over $150,000.
Most EPLI policies provide free legal resources for firms to use, so you can call an attorney to help you through a tough issue.
The cost of a well written EPLI policy is very competitively priced.
We can design a specialized package according to your client’s needs. We are also proactive in identifying any factors that may increase premiums or change your risk. We also provide consulting and risk management options to protect your clients business.
At Leap / Carpenter / Kemps, Merced County’s largest locally-owned agency, we have an experienced staff of professionals who understand that each business is unique and that the one-size-fits-all approach just doesn’t work