Employment Practices Liability
More than 91,000 workplace discrimination charges were filed last year alone, according to the U.S. Equal Employment Opportunity Commission.
Discrimination holds no place in your business, but claims of discrimination can come up at any point for many reasons that may or may not be in your control. Having insurance mitigates risk and incentivizes openness.
discrimination cases filed last year
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:
Our goal is to ensure your company’s success and sustainability, which is why we offer Employment Practices Liability Insurance, or EPLI. These policies are designed to protect your business from the financial burdens involved in defending these charges.
Our team has the experience to help you choose the right plan to fit your company’s unique needs and budget. Having direct access to multiple insurance carriers that specialize in this coverage allows our customers to choose from multiple deductible and policy options.
Don’t leave your business at risk any longer. Trust our experienced team to help protect you from the cost, time, and stress associated with this type of litigation. We are dedicated to your success and will do whatever it takes to ensure it.
Protect your business with the right insurance through InSource Insurance Group.