Workplace related Lawsuits claiming discrimination,
wrongful termination, or sexual harassment can cost tens of thousands of dollars in legal
fees. Luckily, there’s a coverage for that. Employment Practice Liability Insurance, or
EPLI, covers an employer and managers for decisions or actions that are seen as discriminatory,
wrongful termination, or sexual harassment– and many other cases. Let’s say you’re a manager and a fellow
employee or third party feels that they’ve been discriminated against, wrongfully terminated,
or sexually harassed and they file a lawsuit against you. In such an event, EPLI covers you and your organization’s legal expenses, judgments, and awards. And there you have it, Employment Practice Liability Insurance explained
in 60 seconds.