As a former claims handler and fraud investigator, Jason Metz has worked on a multitude of complex and multifaceted claims. The insurance industry can be seemingly opaque, and Jason enjoys breaking down confusing terms and products to help others mak.
Jason Metz Lead Editor, InsuranceAs a former claims handler and fraud investigator, Jason Metz has worked on a multitude of complex and multifaceted claims. The insurance industry can be seemingly opaque, and Jason enjoys breaking down confusing terms and products to help others mak.
Written By Jason Metz Lead Editor, InsuranceAs a former claims handler and fraud investigator, Jason Metz has worked on a multitude of complex and multifaceted claims. The insurance industry can be seemingly opaque, and Jason enjoys breaking down confusing terms and products to help others mak.
Jason Metz Lead Editor, InsuranceAs a former claims handler and fraud investigator, Jason Metz has worked on a multitude of complex and multifaceted claims. The insurance industry can be seemingly opaque, and Jason enjoys breaking down confusing terms and products to help others mak.
Lead Editor, InsuranceUpdated: May 16, 2022, 1:03pm
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Employment practices liability insurance provides coverage for employers to help pay for legal costs when employees allege discrimination based on sex, race and age, wrongful termination, harassment or failure to promote.
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Employment practices liability insurance (EPLI) pays for settlements for claims against your business about wrongful termination or violations of employee rights. It also pays for your legal defense costs for lawsuits involving these matters. It’s an important component of a small business insurance policy.
New and small businesses may be more vulnerable to these types of claims from employees compared to larger businesses that have robust human resources offices and practices. For example, small businesses such as a doctor’s office, retail shop, restaurant or contractor all could face expensive employment liability claims.
With employment practices liability lawsuits, jury awards and out-of-court settlements can run into the hundreds of thousands of dollars, according to Nationwide. Employment practices liability insurance can help financially protect a small business from the cost of these kinds of lawsuits.
Employment practices liability insurance policies are written for a wide range of employee workplace claims, such as:
“The most common claims include discrimination, wrongful termination, harassment, wage and hour violations, accusations by third parties and retaliation,” says Jason Binette, EPLI product manager at AmTrust. “The coverage also extends to claims for inappropriate workplace conduct such as defamation, failure to promote, failure to rehire and a variety of other violations.”
Here are some examples of claims that are not covered by employment practices liability insurance:
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Lead Editor, InsuranceAs a former claims handler and fraud investigator, Jason Metz has worked on a multitude of complex and multifaceted claims. The insurance industry can be seemingly opaque, and Jason enjoys breaking down confusing terms and products to help others make well-informed decisions.
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