The recent outpouring of alleged victims of inappropriate workplace behavior has taken us by storm. No longer are alleged victims remaining silent. Even though this is currently a media spotlight issue, will this become an increased exposure for Employment Practices Liability insurance for main street America? As our society becomes more litigious, every business owner should consider this very important coverage. It only takes one accusation to turn your world upside down.
If you work with people, you have an employment practices liability. Employment Practices Liability Insurance — commonly referred to as EPLI — provides protection for a host of allegations that include:
- Sexual harassment
- Age, race, gender or sexual orientation discrimination
- Wrongful dismissal
- Fair pay discrimination
Even if your company does everything "by the book", you are still susceptible to a lawsuit.
If you are concerned or would like more information on EPLI coverage, please contact us to discuss. Park & Associates can assist your business in finding the proper protection.