CNC Insurance Delaware Business Insurance Update: EPLI Policies

What does Employment Practices Liability Insurance provide? EPLI provides protection against lawsuits filed by employees. It covers employers for wrongful termination, sexual harassment, and discrimination lawsuits by employees. As an employer, why do you need EPLI? If  you are served with an insurance claim or lawsuit, EPLI will provide you with legal defense costs. An EPLI policy also provides coverage in the event of a settlement entered against the company. Keep in mind, some businesses may not qualify for EPLI coverage. Factors such as the number of employees, previous suits, and even the business type can effect eligibility. If your considering EPLI, speak with an insurance professional today. Well, until next time, be careful out there and know your risks

G. Kevin Nemith
Specialist in Business Insurance and Risk Management Serving DE, PA, NJ, MD & VA
www.cncinsurance.com
www.bizinsurancetv.org

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