In today’s complex business landscape, organizations face myriad challenges, particularly in the realm of employment practices. If your company is accused of treating its employees improperly, resulting lawsuits can lead to substantial financial and reputational damages. To safeguard your business and employees, you should understand the significance of employment practices liability insurance (EPLI). 

What Is EPLI? 
EPLI is a specialized form of insurance designed to protect your business from claims arising from alleged wrongful behavior in the workplace. Employment practices lawsuits may be brought by current, former or prospective employees, and even accusations from which you are eventually absolved can be costly. Fortunately, this coverage can generally provide financial assistance for legal expenses, including representation, settlements and judgments. 

What Does EPLI Cover? 
Costly employment practices liability lawsuits may arise from many different accusations. Fortunately, an adequate EPLI policy can cast a wide safety net across many potential allegations, including the following: 

• Harassment
• Wrongful termination
• Discrimination
• Improper hiring practices
• Negligent evaluation
• Failure to promote
• Retaliation
• Mismanagement of employee benefits
• Breach of employment contract
• Invasion of privacy 

Why Do I Need EPLI? 
Regardless of the size or nature of your business, employment-related claims may arise unexpectedly and have far-reaching consequences. EPLI provides a crucial layer of protection by mitigating the financial burden associated with defending against and resolving such claims. A single interaction or misunderstanding could lead to a lawsuit with significant out-of-pocket costs regardless of how highly your organization may prioritize fair, equal and ethical treatment of its employees. Even false accusations could have dire consequences, and without EPLI, you may lack the resources needed to set the record straight.  

Get the Right Coverage 
For over 30 years, the dedicated staff at Atlantic International Company of Georgia have made it their mission to help businesses, families and individuals in the Atlanta and Sandy Springs areas acquire the right insurance. Our agents will assess your organization’s EPLI needs and ensure optimal coverage. Contact us today to get started.