Whether you’re a small or large business, EPLI Insurance (Employment Practices Liability Insurance) can cover majority of employee/employer related lawsuits and exposures. Interesting enough, one of a business owner’s greatest risks is potentially being sued by one of their “own” employees. Most small business owners struggle with adding this kind of coverage to their list of expenses however, small businesses can seldom afford the higher costs that come with an employment lawsuit. Large business owners employ much larger groups of people which increase liability therefore having an employment practices liability insurance policy becomes a necessity! JVRC Insurance can provide you with a quote or answer any questions you may have in no time!
EPLI Insurance can protect an employer from the following claims below …
- Discrimination (Race, Sex, Religion, Disability, etc.)
- Wrongful Termination
- Harassment including Sexual
- False Imprisonment
- Invasion of Privacy
- Breach of Contract
- Emotional Distress
- Wage and Hour law violations
- And other related allegations
EPLI Insurance can also protect businesses from liabilities that arise between an employee and a third party, such as vendors or customers, just as long as you ask to have it endorsed to your policy. Standard General Liability policies will mostly exclude EPLI coverage. So you must purchase as an individual policy which JVRC Insurance can provide!
JVRC Insurance can also obtain an Employee Benefits Liability policy to protect your business from the exposures that come from mistakes with managing your employee benefits program such as group health, dental, pension or profit sharing plans, and employee stock plans.
If you’d like to know what an Employment Liability Insurance Policy could cost for your business, if you’re wondering if your current EPLI policy is the best option out there, or if you just simply have questions, then JVRC Insurance can shop the top carriers California has to offer to find the most affordable option for your company! Contact us today, we would love to help out in any way!