EMPLOYER PRACTICES LIABILITY INSURANCE
You can protect yourself against employee lawsuits with employment practices liability insurance.
Lawsuits are more common than you’d probably like to think. The frequency of lawsuits against businesses can be attributed to 2 factors:
- Increased fraud, misconduct, and unprofessional or illegal acts
Of course you like to trust your employees. You think the world of them. But the more employees you have, the more likely you are to experience a sticky situation with one. If you want to protect your business and yourself, you need to protect your assets. You could benefit from an EPLI policy as long as you have employees. If you’ve ever conducted interviews, dismissed an employee from a job, or had any unhappy or disgruntled employees, you could potentially face an employee lawsuit.