Standard Immunity Against Workplace Damages.
As an employer, you should understand your employees’ legal rights must be taken seriously. Multiple lawsuits are being filed daily by employees against their employers. The Employment Practices Liability provision in the labor law of the United States deals with all kinds of claims of unfair treatment that employees may have.
Legal cases are expensive. Moreover, the cost of the damages to be paid to a begrudged employee is far from cheap. So, it is important to get coverage to protect against these claims should they ever arise.
Employment practice liability insurance (EPLI) covers different kinds of employee lawsuits. These may include claims such as:
- Discrimination of any kind
- Sexual Harassment
- Infliction of emotional distress
- Breach of contract
- Deprivation of career opportunity
- Mismanagement of employee benefit plans
The cost of a policy depends on the type of business you are running and the number of employees you have. Also taken into consideration is your history. If you have been sued for employment practices in the past will also affect how much you must pay.
It is much better to avoid employment practices liability lawsuits altogether. Be mindful of your actions and train company managers to adhere to the law.
If you want to be insured against these lawsuits, we can walk you through the policies available from different companies to help determine which plan works best for your business. Reach out to our EPLI experts today.