Employment practices liability insurance is a policy used to cover your risks due to some of the most common employment-related lawsuits, including:
Sexual harassment
Discrimination
Wrongful termination
Breach of employment contract
Negligent evaluation
Failure to employ or promote
Wrongful discipline
Deprivation of career opportunity
Wrongful infliction of emotional distress
Mismanagement of employee benefit plans
WHAT ARE THE BENEFITS OF EMPLOYMENT PRACTICES LIABILITY?
Employment practices liability works to provide the necessary resources to defend your company against a lawsuit or to pay for a claim. Potential sources of these claims could arise from: recruitment practices, employment applications, employment offers, employee orientation process, annual conduct reviews, enforcing performance policies, termination or improper documentation of any of the aforementioned items.