Employer Protection Liability Insurance
In the last five years, 6 out of 10 employers have had to deal with employment lawsuits and according the EEOC that resulted in over $1.6 Billion to employees. Today there is a greater likelihood of a business being sued by an employee than by a third party or customer, with employees winning these employment litigation cases 68% of the time.
Employment Practices Liability Insurance (EPLI) is included as part of AlphaStaff service and provides companies with coverage for cost of legal defense for facing discrimination, sexual harassment, wrongful termination, workplace torts and various other employment-related claims.
Effectively protecting your company from employment practices liability requires having comprehensive EPLI policies in place before anything happens. EPLI is no longer just a concern for mega-corporations – more and more small and medium-sized businesses are being targeted by disgruntled employees.