01/08/2019
Why Employers Should Consider Obtaining EPLI Insurance
As you may already have learned as a business proprietor, employers are exposed to the risk of lawsuits every time they take action related to their employees. One way to minimize the financial impact of employee lawsuits is through Employment Practices Liability Insurance (EPLI). EPLI is specialized insurance designed to protect against loss incurred in litigating wrongful employment practices claims by covering the costs of a company’s legal fees, as well as costs for settlements and judgments.