Employee Lawsuits
Can Happen to Anyone. Are You Prepared?
Employment practices liability coverage is not just for big corporations. Every business with employees is at risk. Don't wait for a claim to happen.
Our Trusted Partners
Why Employment Practices Liability Insurance is Vital for Business
EPLI insurance protects your business from costly employment-related lawsuits that can damage your reputation and finances. It's essential protection in today's litigious workplace environment.
What Types Of Businesses Need Employment Practices Liability Coverage?
Restaurants & Hospitality
High turnover, demanding hours, and close quarters – a recipe for potential employee disputes. Serve up EPLI for peace of mind.
Healthcare Providers
You're in the business of care, but are you taking care of your employees? From nurses to administrators, claims by current, former or prospective employees can spread faster than the flu. Protect your practice!
Non-Profit Organizations
You're changing the world, but change can be messy. Claims made by employees of the company can become plaintiffs if they feel wronged.
Financial Services
Dealing with other people's money is stressful enough without worrying about employment lawsuits. From Wall Street to Main Street, protect your firm from Employment-related claims that could bankrupt you.
How will Employment Practices Liability Insurance Help Businesses?
In an event where you're a mid-sized company facing a lawsuit from a former employee who alleges wrongful termination and discrimination based on age. The company is now facing significant legal fees, potential compensation costs, and reputational damage.
Stay Compliant and Confident with EPLI
By investing in Employment Practices Liability Insurance, businesses can mitigate the financial and reputational risks associated with employment-related claims.
Inclusions
Discrimination
Protection against claims alleging unfair treatment based on personal characteristics like sex, age, caste, etc.
Sexual Harassment
Coverage for claims arising from unwanted sexual advances or conduct in the workplace.
Abusive Work Environment
Protection against claims of a hostile or offensive work environment.
Wrongful Termination
Coverage for claims alleging termination without just cause or in violation of employment laws.
Breach of Employment Contract
Protection against claims for violating an employee's employment contract.
Retaliation
Coverage for claims alleging retaliation against an employee for reporting misconduct or exercising legal rights.
Employment-Related Negligence
Protection against claims alleging negligent hiring, supervision, or retention practices.
Exclusions
Intentional Acts
Claims arising from deliberate wrongful actions (like harassment) are usually not covered
Prior Or Pending Claims
Any claims already filed or known before the policy starts are excluded
Shareholder Claims
Disputes with shareholders or partners are not covered under EPLI
Bodily Injury
Physical injuries to employees are generally excluded (covered under Workers' Compensation)
Criminal Acts
Illegal acts by the employer or employees are not covered
Expert Claims Management
Financial Security
Comprehensive Coverage
Streamlined Claims Process
Competitive Pricing
Why Buy EPLI Coverage From Covrzy?
Employee claims can range from wrongful termination allegations to discrimination lawsuits. Don’t let that sink your business, as Covrzy's tailored Employment Practices Liability (EPLI) ensures your business stays protected at all costs.
Expert Claims Management
Financial Security
Comprehensive Coverage
Streamlined Claims Process
Competitive Pricing
Real Life Claim Story
In 2022 a leading tech company in Bangalore faced a lawsuit from a female employee alleging gender discrimination in promotion and pay practices.
Settlement or Judgment Costs
The policy would have covered the ₹1 crore damages awarded to the employee, protecting the company's financial stability.
Crisis Management Support
Many EPLI policies include provisions for public relations support, helping the company manage its reputation during the controversy.
Frequently Asked Questions
What is Employment Practices Liability Insurance coverage
Employment Practices Liability Insurance (EPLI) safeguards businesses against claims made by employees (current, former, or potential) alleging wrongful acts related to their employment. This coverage typically includes legal defense costs, settlements, and judgments arising from claims of:
- •Wrongful termination
- •Discrimination
- •Harassment
- •Retaliation
- •Other employment-related claims
Is Employment Practices Liability Insurance the same as Workers Compensation
Is EPLI mandatory in India?
Do you have more questions?
Contact us for any queries related to business insurance, coverages, plans and policies. Our insurance experts will assist you.
Get Insured Against Financial Fallouts From Claims By Employees
Complete coverage against employee lawsuits, always.
