Staffing Practice

Businesses involved in the employment process are vulnerable to lawsuits regarding wrongful employment acts. Employment practices liability insurance (EPLI) may provide coverage for these claims. The team of professionals at Walnut Risk Management can help you secure the right EPLI policy for your business’s needs. Contact us today to get started. 


What Does Employment Practices Liability Insurance Cover? 


Prospective, current or former employees may bring forward claims of harassment, wrongful termination, retaliation, discrimination, defamation or other inappropriate workplace acts. EPLI may cover the costs associated with these claims, including attorney fees, legal defense costs, attorney fees, settlements and judgments. 


EPLI policies may also include risk management consultative services and volunteer worker coverage. Your Walnut Risk Management agent can provide details regarding terms, exclusions and limits. 


Additional Information  


Employment practices liability insurance may be available as an endorsement to a business owners policy or a general liability policy. It may also be available as a standalone policy.  


EPLI generally does not cover punitive damages or criminal/civil fines, and carriers may require evidence of employment risk management practices (e.g., having employee handbooks and workplace policies) before insuring a business.  


Most EPLI policies are written on a claims-made basis, but coverage may also be available on an occurrence basis. Make sure to work with your agent to decide which option is best for your business. 


How Much Does Employment Practices Liability Insurance Cost?  


The cost of employment practices liability insurance varies. Factors such as the size of your business, your industry and prior lawsuits regarding wrongful workplace practices could affect premiums.  


Contact Us Today 


The team of professionals at Walnut Risk Management can help you secure the employment practices liability insurance policy that meets your business’s needs. Contact us today for more information or for a quote.