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Liability insurance for employment methods: What is EPLI insurance?



What is Employment Liability Insurance (EPLI)? In today's social climate, liability insurance for employment practices is a sensible layer of protection for your company if a current or former employee files an accusation, a claim or a lawsuit against you. Common allegations include discrimination, harassment, wrongful termination, slander, libel, humiliation and more.

Does your small business need it? Because settlements can be costly, it is important for business owners to have EPLI coverage. Ask yourself these two questions:

  1. Can I afford a trial on my own? If you've just started building your business, you're probably just starting to make a profit. Could you afford a lawsuit if one was brought against you? The low cost of EPLI coverage can eliminate that worry and give you more peace of mind.
  2. Do I have emergency care? Do you have an emergency fund set up for your business? Is it enough to pay for a lawyer, pay a settlement and continue as usual after a trial? EPLI coverage can strike when you do not have an emergency fund, when you need extra financial help or to keep financial strains away and protect your current assets.

Depending on your current business policy, you may already have a degree of coverage. Talk to one of our local, independent agents about reviewing your current business policy to help you identify coverage gaps. Then ask about EPLI coverage for your small business.


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