Employee Dishonesty Insurance Coverage
Return To: Business Insurance – The Ultimate Guide Employee theft in the United States costs employers approximately $40 billion every year. Most businesses tend to overlook the dishonest and criminal acts of their employees because some of them can take at least two years to detect. With employee crime on the rise, it’s even more […]
What Is Employment Practices Liability Insurance (EPLI)?
Return To: Employment Practices Liability Insurance (EPLI) – The Ultimate Guide If you think that your business will not need EPLI (Employment Practices Liability Insurance) — think again. You believe that there’s no way that your employees will file a claim or sue you for negligence, as you’ve always shown professionalism towards them and towards […]
EPLI Claims Examples
Return To: Employment Practices Liability Insurance (EPLI) – The Ultimate Guide In recent years, the rise in employees filing lawsuits against their employers has been staggering. Most of these complaints were made against large corporations, but any company can come under fire from employees who feel that their rights have been violated. As such, smaller […]
What Is EPLI Third Party Coverage?
Return To: Employment Practices Liability Insurance (EPLI) – The Ultimate Guide Perhaps one of the most unfortunate aspects of modern day society is the still-prevalent issue of unlawful or illegal labor practices. While it may be so that the legalities of employment can be said to be a modern invention, the fact that people and […]
What Does Employment Practices Liability Insurance (EPLI) Cover?
Return To: Employment Practices Liability Insurance (EPLI) – The Ultimate Guide EPLI is a form of insurance to protect businesses against employee-related lawsuits. Most of the litigation that companies face are disputes, and the number of lawsuits against employers is increasing. An EPLI Policy helps mitigate potential losses caused by litigation. Why Do Businesses Need […]
How Much Does Employment Practices Liability Insurance (EPLI) Cost?
Return To: Employment Practices Liability Insurance (EPLI) – The Ultimate Guide Just like your health, your business needs insurance. One example is the coverage that protects your business from unlawful or unfounded claims made by employees that their rights in the company have been violated. Now that you’re clear on what employment practices liability insurance […]
Employment Practices Liability Trends For 2021
Employment Practices Liability Trends For 2021 Small Business Owners face a myriad of challenges on a daily basis. One of the biggest challenges is managing employees. Regardless of how well a business owner manages the relationships with its employees, countless risks remain. While employment practices liability concerns are present in every business, the risks have […]
Employment Practices Liability Insurance (EPLI) FAQ’s Every Small Business Owner Should Know
Employment Practices Liability Insurance (EPLI) protects small businesses from those within their ranks. Most Small Business Owners understand the need for Workers’ Compensation and General Liability Insurance, small businesses should be worried about the ENEMY WITHIN. The employee base of a small business may pose the most immediate threat to its survival! To help you understand […]
Does My Company Need Employment Practices Liability Coverage?
There are many kinds of business insurance, and one that is sometimes overlooked is employment practices liability insurance (EPLI). What is it, and does your company need it? First, let’s take a look at what EPL does. EPL covers exactly what its names says: employment practices. Specifically, here’s a list of lawsuits covered by EPL. […]