Employment Practices Liability Insurance (EPLI)

It’s like walking a tightrope: Every day, facets of the employment process present liability opportunities for employees, management, and directors and officers. A negative performance review spirals into allegations of discrimination. An intervention intended to help an employee in mental distress turns into charges of invasion of privacy and defamation. These and other claims make employee practices liability insurance (EPLI) from iSure Insurance Brokers an essential component of conducting business in the Greater Miami Area.

Policy covers a variety of scenarios

How often has your legal department told you that a lawsuit has been filed for:

• Wrongful termination or discipline
• Discrimination
• Sexual harassment
• Retaliation
• Defamation
• Invasion of privacy
• Failure to promote
• Unfair deprivation of a career opportunity
• Negligent evaluation
• Emotional distress

These are among the most common claims for which your EPLI policy can protect you. An EPLI policy covers liability claims filed by current or former employees or employment candidates stemming from a variety of inappropriate employment practices and workplace conduct. The coverage pays for the often substantial costs for defense and damages. The policy can be purchased on a standalone basis or added to other coverage to round it out.

EPLI cases are on the rise

People are more likely to call foul these days for what they view as inappropriate employment practices. Whether the incident is real or imagined, the cost of legal defense against a charge can be so extreme that the entire business is put at risk.

Moreover, studies show that small businesses are more likely to have an EPLI claim than a general liability or property claim—and when they do, chances are that the defense and award costs will be in the six-figure range. With this in mind, the professionals at iSure are ready to evaluate your need for employment practices liability insurance today.