Neighbor News
MA Business Owners, is Employment Practices Liability Insurance for you?
Massachusetts business owners, if you have employees, you need Employment Practices Liability Insurance (EPLI).
In
the past, discrepancies between an employer and employee used to end
with a conversation and a handshake. This is not always the case as
lawsuits against employers by their employees are becoming more
commonplace. Employment Practices Liability Insurance, or EPLI, is
something all business owners should take a look at.
EPLI provides protection against many kinds of employee lawsuits, including but not limited to:
- Sexual and other forms of harassment
- Discrimination
- Wrongful termination
Even though you may provide a good working climate, a business owner may not be able to afford to be without EPLI as part of their business insurance program. According to The Hanover Insurance Group:
- 1 in 12 federal court cases are related to employment
- the average settlement in 2013 was $173,000 excluding the cost to defend
- over $1 million was awarded in 12% of employment-related cases
Check out the following video from another one of our trusted insurance company partners, The Hartford:
If you would like to have a conversation about Employment Practices Liability Insurance for your company, give us a call at Elliot Whittier Insurance. You may contact Christine Millerick O'Keefe directly at 857-816-4935 .
With offices in Danvers & Winthrop Massachusetts, Elliot Whittier Insurance has been awarded the Five Star Award of Distinction from the Massachusetts Association of Insurance Agents. Elliot Whittier Insurance is also a Trusted Choice®
Agency and represents multiple insurance companies, so it offers you a
variety of personal and business coverage choices and can customize an
insurance plan to meet your specialized needs. You can visit Elliot
Whittier Insurance online at www.ElliotWhittier.com, or email
info@elliotwhittier.com or call 800-696-3947.
