EPLI Insurance

Are you a business owner in Florida looking for EPLI Insurance? We can help!

Employers Professional Liability Insurance covers businesses against claims by workers that their legal rights as employees of the company have been violated. The number of lawsuits filed by employees against their employers has been rising. While most suits are filed against large corporations, no company is immune to such lawsuits.

Recognizing that smaller companies now need this kind of protection, some insurers provide this coverage as an endorsement to their Business-owners Policy (BOP). An endorsement changes the terms and conditions of the policy.

Other companies offer Employers Professional Liability Insurance as a stand-alone coverage.

EPLI provides protection against many kinds of employee lawsuits, including claims of:

Sexual harassment

Breach of employment contract

Wrongful discipline

Discrimination

Negligent evaluation

Deprivation of

career opportunity

Wrongful termination

Failure to employ or promote

Wrongful infliction of emotional distress

Mismanagement of employee benefit plans

How much does EPLI Coverage Cost in Florida?

The cost of EPLI coverage depends on your type of business, the number of employees you have and various risk factors such as whether your company has been sued over employment practices in the past.

 

The policies will reimburse your company against the costs of defending a lawsuit in court and for judgments and settlements.

 

The policy covers legal costs, whether your company wins or loses the suit. Policies also typically do not pay for punitive damages or civil or criminal fines.

Liabilities covered by other insurance policies such as workers compensation are excluded from EPLI policies.

 

To prevent employee lawsuits, educate your managers and employees so that you minimize problems in the first place:

  • Create effective hiring and screening programs to avoid discrimination in hiring.

  • Post corporate policies throughout the workplace and place them in employee handbooks so policies are clear to everyone.

  • Show employees what steps to take if they are the object of sexual harassment or discrimination by a supervisor. Make sure supervisors know where the company stands on what behaviors are not permissible.

  • Document everything that occurs and the steps your company is taking to prevent and solve employee disputes.

How to get started on your Employers Professional Liability Insurance quote

To get started on your quote, call our office or click over to our quotes page. Either way we'll make the process simple!

Contact Our Agency

Toscano Insurance Group Corp

7601 E. Treasure Dr.
Suite CU-1
Miami Beach, Florida 33141

Fax: (305) 397-8825

Phone: (305) 397-8807

  Mo,Tu,We,Th,Fr 9:00 am – 6:00 pm

Get Social

© 2020 All Right Reserved

  • Facebook - White Circle
  • Instagram - White Circle