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The cost of EPLI coverage depends on the type of business, the number of employees you have and risk factors like whether your company has been sued over employment practices before. In given case that the insurance is put to use, the policies will reimburse your company against the costs of defending a lawsuit in court , judgments and settlements. It will cover legal costs whether the company wins or loses the case
EPLI provides protection against employee lawsuits including claims for:
Sexual harassment
Discrimination
Wrongful termination
Breach of employment contract
Negligent evaluation
Failure to employ or promote
Wrongful discipline
Deprivation of career opportunity
Wrongful infliction of emotional distress
Mismanagement of employee benefit plans
Let Griffith Insurance & Financial Services, Inc. help you choose a policy that will fit your individual needs. Protecting your assets, whether personal, business or both, is our goal.