Employment Practices Liability and Your Small Business
If you are a small business in Massachusetts that has employees, you need Employment Practices Liability Insurance. As more and more employees make claims against employers, purchasing employment practices liability insurance has never been more necessary. EPLI covers companies against lawsuits or claims filed by employees, former employees and employment candidates. This coverage may be purchased as additional coverage under a Business Owner Policy.
Employment practices liability insurance or EPLI can protect your Massachusetts business from discrimination, harassment, wrongful termination, and other types of employee-related claims. EPLI claims can take numerous forms, such as:
- Emotional distress
- Invasion of privacy
- Negligent hiring or promotion
- Sexual harassment
- Other forms of harassment
- Wage disputes
- Wrongful Termination
- And more…
You may provide a good working environment, but can you really afford to be without EPLI? Many laws govern how employers are to treat employees and job applicants. Failing to be compliant with all the regulations can have significant financial consequences. Let the professional business insurance agents at Loughlin Financial Group craft an EPLI policy that helps truly protect your Massachusetts business from these types of claims. Call Loughlin Insurance at 781-341-9010 today.