Employment Practices Liability Insurance for Businesses with Employees.
Any business with employees faces employment-related risk — wrongful termination claims, harassment allegations, discrimination lawsuits, and more. Employment practices liability insurance (EPLI) is generally designed to help cover the legal costs and settlements that can follow. Saint Moore Insurance Agency helps businesses of all sizes find the right EPLI coverage.
What Is Employment Practices Liability Insurance (EPLI)?
Employment practices liability insurance — commonly called EPLI — is coverage that helps protect businesses from the financial impact of employment-related claims made by current employees, former employees, or job applicants. These claims can include wrongful termination, workplace harassment, sexual harassment, discrimination based on race, gender, age, religion or disability, failure to promote, retaliation, and wage and hour disputes.
EPLI coverage is generally designed to help pay for your legal defense costs, settlements, and court-ordered judgments arising from these types of claims. Even when an allegation is unfounded, defending your business through the legal process is expensive — attorney fees alone can run into the tens of thousands of dollars before a case is resolved. Without EPLI, those costs come directly out of your business.
Discrimination lawsuit coverage and wrongful termination insurance are not typically included in a standard BOP or general liability policy. EPLI fills that gap. It's relevant for businesses of every size — small businesses are not immune to employment claims, and in many cases face the same legal exposure as larger organizations without the internal HR infrastructure to manage it.
If you have employees — or if you're in the process of hiring — it's worth understanding what an EPLI policy would look like for your business. Contact a Saint Moore Insurance Agency agent to learn more about your options.
