What is Employment Practices Liability Insurance?
When you have to deal with sensitive matters such as promotions, discipline, firing, and other business matters, you run the risk that your actions will be perceived as discriminatory -- triggering lawsuits. For Vermont business owners, employment practices liability insurance can help cover the expenses associated with this type of lawsuit.
Why Do You Need EPLI?
Treating employees fairly is not only the right thing to do – it’s the law. The Civil Rights Act, the Americans with Disabilities Act, the Family Medical Leave Act and other federal and Vermont statutes ensure the employees have legal protections against discrimination in the workplace.
If a lawsuit is brought against your company, you can be held responsible for court fees, legal defenses, settlements, damages, and other expenses, costing your business time and money you don’t have to spare. Employment practices liability insurance is an important coverage for all businesses with employees.