Employment Practices Liability: A necessity for your business
Most business owners work hard to create
workplaces where every employee is treated fairly and with respect. Thinking of
their employees almost as family, many company leaders are reluctant to consider
themselves as potential targets of employment-related complaints or lawsuits.
Unfortunately, this attitude is no longer realistic. Increased
sensitivity to workplace etiquette and the media attention given to large jury
awards have created workplaces in which lawsuits against employers and managers
are increasingly common. Most claims simply allege employment discrimination,
sexual harassment, or wrongful termination, but the list of claimed offenses is
growing. And even if completely without merit, these actions are expensive to
The most effective way to protect your organization against
the serious financial damage done by these demands and lawsuits is Employment
Practices Liability (EPL) insurance. EPL coverage has never been more
affordable, and the application process itself helps identify areas of
vulnerability that can be eliminated by establishing appropriate procedures.
Insurers now include value-added loss prevention services to help organizations
reduce the serious risks inherent in doing business today.
We can help review your current HR procedures, obtain quotes,
and decide which policy represents the best value for your organization. Call us
today at 800.213.9593 or e-mail
us to learn about our upcoming seminars on Employment
Practices Liability issues, problems, and solutions.
To return to general discussion of Executive Liability,