Employment Practices Liability Insurance: What You Need to Know
Employment practices liability insurance (EPLI) is professional liability insurance for employers. The process of human resource management in an organization is ongoing. From recruitment to layoffs, the human resource department of a company deals in various activities. In the process, employers are exposed to many risks of lawsuits and liabilities. r r Strict employment laws have made it easier for employers to make a mistake or fall prey to a false lawsuit. Therefore, employment practices liability insurance is necessary for all employers. r r A typical EPLI package covers employers for cases based on discrimination, retaliation, wrongful termination, sexual harassment, workplace harassment, breach of contract, defamation, and negligence. There are many situations when your employment practices liability insurance will pay your legal fees and liability costs. In most cases, you can choose to add third-party coverage to your basic EPLI package. This ensures additional security. r r Overall, employment practices liability insurance is a policy that can be affordable if your risk-management efforts are in place. r r To learn more about employment practices liability insurance, click here: r r https://quotezebra.com/employment-practices-liability/
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