Employment Perils Coverage
Employment Practices Liability (EPC-EPLI)
Employment Perils Coverage (EPC-EPLI)
Claims Made & Reported Policy
Limits Available Up To $500K/$1M
Coverage provided by certain underwriters at Lloyd's, Hamilton Insurance DAC
Employment Practices Liability Insurance is a liability policy available to employers and business owners to protect their company against potential claims or lawsuits for which the employee is alleging a violation of employment law(s) or a third party alleging harassment or discrimination, including ADA facilities discrimination. The most common employment law allegations made by employees include but are not limited to: discrimination, retaliation, wrongful termination, harassment (sexual or non-sexual) and wage & hour law violations. There are a variety of additional coverage options via endorsements that can customize a policy for your client.
What is Employment Practices Liability (EPL)?
Is Your Client's Company At Risk?
There will be decisions made affecting an employee/employer relationship that may not always be agreeable from the employee’s perspective.
Separately, there can be adverse action(s) taken by an employer/employee to third parties that can negatively impact a business.
Whether your client is a large or small business, it is likely there will be an employment claim at some point. These disputes can cost hundreds of thousands of dollars in legal fees and indemnity (settlement) payments.
Access To Human Resource Services:
Specialty Risk Management , Inc. (SRM ), is an independent resource benefit provided to an EPC-EPLI policy holder for human resource guidance and risk management techniques.
SRM is simply an extension of the Insured's HR Department - only one phone call away for the policy holder and designated contacts - for better aid in employment business decisions to improve the company's defense posture.
Since 1997, SRM continues to provide guidance and assistance with handbooks, customized letters, sample policies and information on extensive employment topics including:
Americans With Disabilities Act (ADA)
Background Checks / Drug Testing
Discrimination & Harassment Claims & Investigations
Employment Handbook Assistance
Personnel Policies & Procedures (drug, alcohol, sexual harassment, etc.)
Orientation & Training Materials
Wage & Hour Issues
Family Medical Leave Act (FMLA)
Employment Laws (State & Federal)