What Is Employment Practices Liability Insurance?
Employment Practices Liability Insurance (EPLI) can help defend against employment discrimination, sexual harassment and wrongful termination employment claims.
The cost of EPLI coverage depends on your type of business, the number of employees you have and other risk factors such as history of prior legal cases. The EPLI policy can reimburse your company for the costs associated with defending a lawsuit; however, policies typically do not pay for punitive damages or civil or criminal fines. Liabilities covered by other insurance policies such as workers compensation are excluded from EPLI.