Employment Practices Liability
Both large and small businesses can benefit from Employment Practices Liability Insurance, also known as EPL or EPLI. If an employee thinks your business is breaching employment law, it is important to act fast, knowing that any quickly escalating costs are covered. Employment Practice Liability Insurance protects employers against claims made by employees alleging discrimination based on factors like sex, race, age or disability. Furthermore, EPLI also protects business owners against lawsuits for
- wrongful dismissal,
- failure to promote, and
- other associated employment law issues.
This coverage protects our clients whether allegations are real or not and provides defense coverage to our clients even when allegations are fraudulent or frivolous.
How much does Employment Practices Liability Insurance (EPLI) cost?
The full cost of EPLI depends on several variables. Our designated EPLI experts are on hand to craft a policy just for your business. We take into consideration factors such as
- your business type,
- total number of employees, and
- past record in hiring and firing
before producing a customized EPLI policy.
What does Employment Practices Liability Insurance cover?
Typically EPLI policies will cover the expenses associated with defending a claim and for the costs of judgments and settlements. Win or lose—your legal fees are covered. Some policies have limitations for defense costs and some have defense costs included outside the limit. Criminal fines are not covered, and neither are certain types of workers’ compensation.
Why choose Minuteman for your business insurance needs?
Knowledgeable local agents
Our agents are based across New Hampshire and personalize affordable policies aligned to your business. We have EPLI coverage available in many other states.
All our agents are fully licensed, and with wide industry networks, we are able to scour the market to secure the best Employment Practice Liability insurance while keeping costs down to a minimum and benefits to the max.
Claims specialists are always working for you
When an employee files a claim, it is vital to act fast and effectively to keep costs down. Our EPLI experts will expedite the process—so you defend your business fully.
Be ready to defend your business against claims—and speak with us today about EPLI.
Years of Service