Employment Practices Liability
Could Your Employees Sue You?
Are You Covered for Discrimination, Wrongful Termination, or Sexual Harassment?
Employment Practices Liability Insurance provides coverage for your business when sued for issues involving Discrimination, Wrongful Termination and Sexual Harassment. This type of lawsuit is not covered by a General Liability or Workers Compensation policy, but may be your business' largest exposure. Your current, past and even prospective employees can sue you, and damages are typically in the range of $100,000's to $1,000,000's. One allegation from a past or prospective employee could destroy your business and cost you millions, not to mention the stress, embarrassment, and exposure to the public.
When you have to let an employee go, the news can be difficult to broach and if handled poorly, your business could be held liable for millions in damages. The most fundamental reason for terminating an employee transpires from his or her inability to perform duties of the job. Employers who are separating from an employee often make the mistake of confusing this message with other details, exaggeration, or small talk. Egregious employees might allege that you terminated them due their age, race, sex, disability, national origin or religion. You can be held liable for terminating an employee who has been ill for an extended period of time and has not returned to work. While clear communication and a signed separation agreement are terrific standards when releasing an employee, you should include Employment Practices Liability coverage in your insurance portfolio. Even frivolous suits can be extremely expensive in defense costs and legal fees.
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Federal laws including the Civil Rights Act, Family and Medical Leave Act, the Age Discrimination in Employment Act, Equal Pay Act, and Americans with Disabilities Act, all dictate the legal protections afforded to your employees. Many businesses have an understaffed or underqualified human resources department, and without a supported knowledge of the complexities of employment law, your company may be over exposed to potential litigation. Boynton Insurance Group can help you secure insurance protection for Employment Practices Liability from a quality and affordable insurance carrier.