What is Employment Practices Liability Coverage?
Employment practices liability (EPL) insurance is designed to protect your business against some of the most common employment-related lawsuits. It covers risks associated with wrongful termination, discrimination, and sexual harassment. EPL insurance applies to directors, officers, and employees; sometimes, it extends to third-party liabilities.
You should know the potential sources to understand how to cover your EPL risks. These include recruitment practices, employment applications, employment offers, employee orientation processes, annual conduct reviews, enforcing performance policies, termination, and improper documentation of the items listed above.