In today’s business environment, litigation is becoming more frequent and complex. No matter how careful you are as a business owner, you could be exposed to these claims. Companies can create employee handbooks and procedures as well as training to help prevent these incidents, but no methods produce guarantees. Dealing with these matters requires considerable time and money and can cause a great deal of stress. One study found the average settlement cost in these matters totaled $125,000 and the average court judgement totaled $200,000. If your company doesn’t implement a defense against these claims, these payments could be devastating.
Implementing an employment practices liability insurance (EPLI) plan will protect your business from incurring the expensive, time-consuming defense against harassment and discrimination law suits.
Our policies ensure proper defense against suits involving the following:
- Discrimination based on age, sex, race, or disability
- Sexual harassment
- Wrongful termination
- FMLA violations
- Wrongful failure to promote
- Wrongful discipline