Employers of all sizes are subject to federal and state laws regarding employment. Employment Practices Liability insurance is intended to protect business owners against unforeseen wrongful acts that may occur in the workplace. Organizations of every size, in every industry make decisions every day that impact their employees. Whether hiring, firing, promoting, terminating or accommodating disabilities, each of these decisions could lead to a possible EPL claim, if not handled correctly.
Don’t think an EPL claim will impact you? According to the EEOC, over 90,000 charges of workplace discrimination have been filed in each of the past five years. Defense costs and settlements associated with EPL claims can have a significant impact on a business. Below are some examples of claims EPL policy could cover:
- Wrongful Termination
- Discrimination (based on age, disability, race, religion, or sexual orientation, for example)
- Harassment
- Failure to Promote
- Retaliation
- FMLA (Family and Medical Leave Act) violation
- Wage & Hour violation
- Breach of employment contract
