Smallbiz Brainiac

148: Should I Buy EPLI?

Informações:

Synopsis

It doesn’t matter if you are guilty or not, an employment discrimination claim is going to cost you. EPLI stands for Employment Practices Liability Insurance. The free report available on our website, smallbizbrainiac.com, called “8 Steps to Lowering Your Employer Liability”, is all about buying EPLI insurance. The very process of preparing the complete the application will put you in a great position. So go get a copy of that report. What is EPLI? EPLI protects you, your company, its directors, officers and both current and former employees from claims and lawsuits filed by….well, your current and former employees as well as employment candidates. Some policies will also cover claims made by third-parties, like customers, clients and vendors. It covers the cost of defending you against claims or lawsuits related to your employment practices. It will also pay any judgment entered against you. At least up to the limits of the policy. It’s important to understand that the defense costs apply to the limit. S