California Employment Practices Liability Insurance, or EPLI, is a type of commercial insurance to protect a company or organization. EPLI can help cover the financial burden from settlements, legal fees, and judgments that result from a claim against your business. It usually protects the company or organization from claims arising from:
- discrimination (wrongful treatment based on age, sex, or race)
- wrongful termination (wrongful termination of an employee)
- sexual harassment (inappropriate sexual remarks or physical advances)
- breach on a contract (failure to follow or perform duties agreed in contact)
- invasion of privacy (intentionally intruding in an employees private information and concerns)
California Employment Practices Liability Insurance can be purchased as a stand-alone policy, however, it is usually bundled in with a BOP (Business Owner Policy) or a Directors & Officers Policy. Please call 949-450-1822 to get started with a free quote on any of these commercial policies.
Who Should Have California Employment Practices Liability Insurance?
EPLI is not required to have in California, but it doesn’t mean you should not have it. Lawsuits against employers are becoming increasingly popular and the costs are astronomically high, even if you are found innocent. The legal fees and expenses are very pricey and you will want to be covered for that. Any business that has employees should have EPLI, no matter how big or small your company is. It is a myth that only large public corporations should have California Employment Practices Liability Insurance. Non-profits and small businesses should also have EPLI to protect themselves in case of a lawsuit.
Basically, if you have employees, then you need California Employment Practices Liability Insurance, and Unity One Insurance is where you should get it. Speak to one of our experienced commercial insurance brokers today and get insured properly. To reach us by phone call, 949-450-1822 and by email, info@unity1.com, we look forward to hearing from you.
