As a business owner, you may be worried about the possibility of being sued by an employee for sexual harassment, racial or ethnic discrimination, wage inequities, or wrongful termination. If so, you are not alone. In today’s environment of increased legislation to protect employee civil rights and increased litigation to defend them, many employers are worried about the potential losses (both financial and reputational) they may suffer if one of their employees sues them.
Fortunately, there is a type of Business Insurance — Employment Practices Liability Insurance (EPLI) — specifically designed to provide funds for recovery from such lawsuits, even if the verdict goes against you. To soothe your mind, contact Blue Lion Insurance Advisors, LLC now at (732) 649-1600 or online for a free consultation about EPLI and other Business Insurance policies to make sure your company is well-protected in case of a lawsuit or other calamity.
The Advantages of Dealing With Our Knowledgeable Insurance Advisors
Many Commercial Insurance companies offer EPLI policies and Blue Lion Insurance Advisors, LLC has access to a broad range of them. Since we are brokers, we can outfit our clients with policies from a wide variety of insurance providers. We can also be objective about the pros and cons of each policy because we owe loyalty only to our clients.
Coverage Employment Practices Liability Insurance Provides
EPLI provides you and your business against accusations of:
- Discrimination against any protected class: age, race, ethnicity, religion, gender, sexual orientation or sexual identity, marital or military status, disability or pregnancy
- Sexual harassment
- Invasion of privacy
- Breach of contract
- Wage and hour claims
- Wrongful termination
- Retaliation against an employee who has brought charges
No Business Is Immune to Employee Lawsuits
If you have convinced yourself that because your business is inclusive, your staff is diverse, and you have office policies that strictly deal with bullying, harassment, and discrimination, you will not be targeted by an employee lawsuit, think again.
In many cases, company policies and discipline are insufficient when it comes to preventing misconduct. It is also impossible to be aware of how actions by staff members will be interpreted or to always be alert to the greed that may lead an employee to make a false accusation.
If someone on my staff has behaved badly, am I still covered by EPLI?
Yes. An EPLI policy will help by providing you with the needed funds to fight both realistic and fraudulent claims. Once you talk to our experienced insurance advisors, you will be reassured
to find that once your EPLI policy is in force, you will be protected if an employee sues your company, whether or not they have valid grounds to do so. The EPLI policy will typically cover your attorneys’ fees in addition to any settlement or court award up to the allowed amount, once you have paid the deductible.
Contact Our Capable EPLI Insurance Advisors Today
In a world filled with controversy and litigation, it is good to know that you can turn to Blue Lion Insurance Advisors, LLC for the peace of mind robust Business Insurance provides. Contact us now to make certain that you have the Employment Practices Liability Insurance you need and that all of your Commercial Insurance is Blue Lion Strong™.