
Description
EPLI shields businesses from the financial fallout of employee lawsuits. These lawsuits can encompass various allegations, including sexual harassment, discrimination, wrongful termination, breach of employment contract, negligent evaluation, failure to employ or promote, wrongful discipline, deprivation of career opportunity, wrongful infliction of emotional distress, and mismanagement of employee benefit plans.
When is EPLI Insurance Necessary?
EPLI Insurance is essential for businesses of all sizes, as the number of employee lawsuits continues to rise across industries. While larger corporations often face such legal challenges, smaller companies are not immune. Recognizing this need, insurers now offer EPLI coverage either as an endorsement to Businessowners Policies (BOP) or as standalone coverage, adjusting the terms and conditions of the policy to include protection against employee-related claims.
Availability
Applications and Informational PDFs
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