Employment Practices Liability Insurance Can Protect Your Company

employment practices liability insuranceOwning a business with employees means you are at risk of being sued by an employee, or by a potential or former employee. It can happen when you least expect it, even if you are diligent in practicing appropriate conduct relating to employees and applicants. One allegation can potentially devastate the company that you have worked hard to build. In addition to implementing best practices, one of the most effective ways to protect your company from claims arising from current, former, or potential employees, is to have employment practices liability insurance.


What Can Employment Practices Insurance Protect A Company From?

Employment practices insurance protects employers from allegations by former, current, or potential employees that involve

  • Discrimination due to age, disability, sex, race, etc.
  • Wrongful termination
  • Sexual harassment
  • Other claims relating to employment


When Should A Company Begin Carrying This Type Of Insurance?

An employer should begin carrying this type of insurance before he or she even starts to interview the first potential employee. It is often included as part of Directors and Officers Liability Coverage.


Does Every Employer Need Employment Practices Liability Insurance?

Every employer is posed with the risk of being sued. In fact, estimates say that about three out of five companies will be sued by an employee at some point.


Protect Your Company.

You’ve worked hard to get your company to the stage it’s at. Don’t let a simple comment or even an imagined offense tear that down. Carry employment practices insurance to protect you from the hiring process through the termination process.

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