What is Employment Practices Liability Insurance (EPLI)?
It provides protection for an employer against claims made by employees, former employees, or potential employees. It covers discrimination (age, sex, race, disability, etc.), wrongful termination of employment, sexual harassment, and other employment-related allegations. It covers your firm, including its Directors and Officers.

When do I need Employment Practices Liability Insurance?
Employment Practices Liability Insurance is needed as soon as you start to hire employees. Most investors and directors will require that you carry this coverage as part of your Directors and Officers Liability Insurance since they can also be held liable in suits relating to employment practices.

Why do I need Employment Practices Liability Insurance?
Cases against employers are on the rise. It is estimated that three out of five firms will be sued by an employee. Companies are finding that they are vulnerable from the pre-hiring process through the exit interview, even if the employee was never hired, or only at the company a matter of days. Even if the claim is groundless or fraudulent, the defense of a suit can be expensive in time, resources and financially.