The Hartford introduced a series of enhancements to its Employment Practices Liability Insurance ( EPLI ) product for midsize to large companies. The program features an expanded definition of wrongful acts, a broader definition of insured, extensive coverage for damages and claim expenses, prior acts coverage, and a choice of higher limits and deductibles. Optional coverages are available for punitive, exemplary, multiplied and liquidated damages (where state law permits), and protection for independent contractors.
This kind of insurance (EPLI) provides insurance against liability for, as the name implies, employment practices. Protection covers a broad range of claims or lawsuits that might be brought by current or former employees or employment candidates. Just a few examples include sexual harassment, wrongful termination or discipline, wrongful failure to promote or hire, emotional distress, discrimination and invasion of privacy. Recent growth in employment practice litigation makes review of employment practices and insurance protection a necessity for most businesses today.
So just give us a call or click for a free quote to find out how we can help you today with your Huntersville EPL Insurance. Remember we are all in this together and we can help to provide for you and your family better coverage to insure a safer future.
Employment law is constantly changing and now, more than ever, employees and prospective employees are more keenly aware of their rights in the workplace. Increased merger and acquisition activity, cost-cutting measures and a general reduction in the workforce of many companies have resulted in a rising number of employment-related charges and lawsuits.
Even companies with sound employment policies and procedures, a commitment to diversity and good relations with employees are experiencing lawsuits alleging discrimination, harassment, wrongful termination and other employment-related allegations. Regardless of whether or not these claims are justified or meritorious, they mean that companies must defend themselves. This process is time-consuming and expensive.
Through its suite of Employment Practices Liability Insurance (EPLI) products, Fogle Insurance Group can help your company safely navigate the myriad exposures to liability in the workplace. Products include:
The Hartford Employers Premier Choicesm policy, recently launched and designed to offer a broad form for public companies
Private Choice Encore!!®, a leading private company policy that offers EPL coverage as a stand-alone policy or together with the full suite of management liability coverages in one form.
The Hartford’s Employment Practices Liability insurance in Huntersville offers valuable coverage that protects your business against employment-related issues, such as:
Failure to hire or promote
Employers Premier Choice Policysm – Employers Premier Choicesm for Public Companies.
Private Choice Encore!! – This product is for privately-held companies only and can include the following coverages in one package policy form: Directors and Officers liability, Employment Practices Liability, Fiduciary, Fidelity, Kidnap/Ransom & extortion and Professional Liability coverage.
Private Choice Encore!! for T.E.C. – The Private Choice Encore!! for T.E.C. policy provides management liability protection for technology and emerging company clients. Coverage capabilities include Directors & Officers and Entity Liability, Employment Practices Liability, Fiduciary Liability, Crime and Kidnap/Ransom & Extortion Coverage in a comprehensive all-in-one package product.
Private Choice Encore!! for Large Companies – Designed to meet the needs of large commercial, privately-held companies only, our policy can include D&O, EPL, ODL, Fiduciary, Fidelity and Kidnap/Ransom & Extortion coverage in package policy form.
The Hartford Universal Excess SM Simplified Policy – In today’s challenging environment, seamless excess coverage is particularly important for managing enterprise, legal and regulatory risks. Businesses seek excess insurance coverage for added protection against the perils of large financial loss. With severity of losses on the rise, it has never been more important to have “follow form” excess coverage. Failure to build an insurance program with a quality excess policy can leave a client exposed to significant gaps in coverage and create potential liability for the broker or agent.