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. https://www.fundera.com/blog/employment-practices-liability-insurance
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SHARESHARESHARE
EMPLOYMENT PRACTICES LIABILITY INSURANCE: DOES YOUR BUSINESS NEED EPLI?
Employment practices liability insurance (EPLI) protects businesses when they are sued for employment discrimination, harassment, unlawful termination, or similar claims. EPLI covers the business’s cost to defend against or settle such employment-related lawsuits. Most business owners rely on a good team to help their company succeed. However, you may also expose your company to risk the moment you begin the hiring process. Lawsuits alleging discrimination and harassment are on the rise. In 2018 alone, the Equal Employment Opportunity Commission (EEOC) handled 90,558 discrimination cases and helped claimants recover $505 million in damages. PRIYANKA PRAKASH READ MORE