Employment Practices Liability Insurance (EPLI) protects companies against claims that past, current, and prospective employees of the company may bring against the company, its directors and officers, and its other employees. Common employment practices violations include discrimination, sexual harassment, wrongful termination, and a variety of other employment-related claims that employees’ civil rights have been violated or they are unable to perform their jobs in an acceptable and fair working environment. These types of claims can be extremely expensive to defend against, even if the court finds in favor of the employer.
Frequently Asked Questions
Pearl Insurance's Employment Practices Liability Insurance provides protection for an employer against claims made by employees, former employees, or potential employees. It covers discrimination (age, sex, race, disability, etc.), wrongful termination of employment, sexual harassment, and other employment-related allegations.
Secure your Employment Practices Insurance to help protect you and your business by calling Pearl at 800.447.4982 or request more information on this product!
Frequently Asked Questions
How can I reduce my risk?
You can reduce your risk in many ways. Some key risk reduction techniques include maintaining well-documented files, adhering to all business regulations, and ensuring your employees follow risk control protocol.
What determines my annual premium?
Your rate is customized to reflect a number of risk factors, including the individual characteristics of your business, past claims experience, risk management practices, and the limits, deductible, and breadth of coverage you request.
Why should I choose Pearl as my provider?
Since 1954, Pearl has offered property and casualty insurance, and life and health coverage to professionals like you.
Our carriers must uphold the highest underwriting and claims standards, and must be highly rated by the national rating institutions. Plus, our commitment of working hard, working smart, and working together ensures that we will not only continually bring you the best products and services available, but also equip you with the right tools and support to maintain your competitive edge.
Is Employment Practices Insurance really essential?
Whether you're new to the industry or have been in the business for years, the risks you face every day make you a prime target for lawsuits involving both liability and damages.
An Employment Practices policy helps ease the burden by responding to, defending, and sharing the monetary risks for whatever claims are brought against you.