Employment Practices Liability (EPL)
Employment Practices Liability (EPL) Insurance provides protection for you, as an employer, against allegations made by employees (including current, former and potential employees). It covers discrimination, such as that based on age, sex, race, or disability; wrongful termination of employment; sexual harassment; and other employment related claims.
Claims for sexual harassment, wrongful termination and discrimination are continually on the rise, which means your business or practice is becoming more of target for those seeking legal action. In fact, almost 75% of all litigation against corporations today involves employment disputes, and nearly 80,000 charges are filed yearly against employers under statutes enforced by the Equal Employment Opportunity Commission.
It is important to note that your current business liability insurance may not cover employment liability claims, as business liability policies generally have an exclusion for employment practices liability exposures.
Items to look for when choosing an EPL policy include a broad definition of the coverage, from the entity, to directors, to employees. Additionally, your policy should not exclude acts occurring prior the policy inception date. This and other exclusions and provisions must be weighed carefully when considering a policy. Over all, make certain an adequate risk management program is included.
Click here for more detailed information on our Employment Practices Liability Programs
Click here for more information regarding Equal Employment Opportunity Commission.
Parsons & Associates, Inc.
The Galleries of Syracuse
440 South Warren Street, Suite 704
PO Box 3890
Syracuse, NY 13220-3890
Phone: (315) 472-5420
Toll Free: (800) 440-9932
FAX: (315) 472-3222
Toll Free FAX: (877) 472-8465
E-mail: info@parsonsinsurance.com