Employment Practices Liability Insurance
Greater than 50 percent of CA business owners are sued at least once by an employee. It can happen at any time—even when you’re interviewing new candidates or escorting a former one out the door.
Employment practices liability coverage protects you against lawsuites, provides you with blanket coverage against claims made by employees (present, former or potential), and this type of coverage is needed more and more when the economy is ailing. EPLI policy can also protect against wrongful termination, breach of contract, disciplinary issues, sexual harassment, failure to promote, mismanagement of benefit plans, and more. This type of policy will cover your legal costs and your court costs, win or lose.
EPLI is very affordable, for what it protects.