Employment
Practices
Protection from risks created through employment practices
Employment
Practices
Protection from risks created through employment practices
Understanding your exposure to employment practices liability
From the moment that you start the pre-hiring process until the exit interview, you are vulnerable to an employment-related lawsuit. As a result, your business should take a hard look at whether it can afford to defend itself against alleged wrongful employment practices accusations. If not, there is an insurance solution called employment practices liability that protects against wrongful termination, discrimination or sexual harassment suits from your current, prospective or former employees. This coverage applies to directors, officers and employees, and can sometimes extend to third party liabilities.
Why choose employment practices liability insurance coverage?
According to researchers, three out of five employers will be sued by a prospective, current or former employee while they are in business. While many suits are groundless, defending against them is costly and time-consuming. Employment practices liability policies provide protection from wrongful employment practices including: harassment, discrimination, actual or alleged wrongful dismissal, and employment-related misrepresentation.
Frequently Asked Questions
Related Products
In addition to this protection, you may consider building a more comprehensive program including other insurance products for your business and assets.
