Employment Practices Liability (EPLI)
Did you know according to the U.S. Equal Employment Opportunity Commission (http://www.eeoc.gov) - in 2014 there were over 3,500 workers claims against employers in NYC? These types of claims are on the rise, as a Business Owner it is important to protect yourself and your business assets if this type of claim is made against you. At New York City Business Group we are here to inform you of your rights and coverages under EPLI.
Employment Practices Liability (EPLI) provides coverage to employers against claims made by employees alleging discrimination. This coverage provides protection against many kinds of employee lawsuits, including claims of: 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 and Mismanagement of employee benefit plans. This coverage can be purchased as standalone coverage – but is often sold as a part of a management liability package policy.