What is Employment Practices Liability?
Employment practices liability insurance is a policy used to cover your risks due to some of the most common employment-related lawsuits, including:
- Sexual harassment
- Wrongful termination
- Breach of employment contract
- Negligent evaluation
- Failure to employ or promote
- Wrongful discipline
- Deprivation of career opportunity
- Wrongful infliction of emotional distress
- Mismanagement of employee benefit plans
What are the benefits of Employment Practices Liability?
Employment practices liability works to provide the necessary resources to defend your company against a lawsuit or to pay for a claim. Potential sources of these claims could arise from: recruitment practices, employment applications, employment offers, employee orientation process, annual conduct reviews, enforcing performance policies, termination or improper documentation of any of the aforementioned items.