Employment Practices Liability Insurance
It’s estimated that three out of five businesses will be sued by their employees. Companies are vulnerable during the pre-hire process, throughout employment, and during a reduction in workforce. Claims can arise in any size operation. You can do everything right and still be sued.
Coverage comes in the form of a standalone policy and is critical to your risk management strategy. It protects against discrimination, wrongful termination, sexual harassment, and other employment-related allegations.
Note: Actual policies must be consulted for specific terms and conditions.