Five Common Questions About Employees, Part Two
Every employer, large or small, faces the reality that it could be the target of legal action from past, present, or even prospective employees. These employment-related claims are increasing at an alarming rate, and with this, the financial risks to your business also increase.
Defending a wrongful termination, discrimination, or harassment claim – whether it’s true or not, even if the claim is groundless – is very expensive.
Statistics show that businesses here are more likely to face employment-related claims than any other type of loss because virtually all general liability policies specifically exclude employment-related claims.
Employment Practices Liability Insurance (EPLI) is available to cover the legal costs of, and often some or all of the damages associated with, employment-related claims. In addition, to help minimize the risks of employment-related claims, most carriers offer free Loss Prevention Consulting Services to policyholders.
For additional information on this specialized insurance coverage you should contact Eric Schirding of United Agencies at (626) 204-6985, eschirding@unitedagencies.com, or visit the United Agencies website at www.epli.com. Instant quotes are available at that site as well.