Employment Practices Liability Insurance

Employment Practices Liability

Employment practices liability insurance or EPLI is a way that many Ohio companies protect themselves against lawsuits related to hiring, work environment issues and other employment issues not related to on-the-job injuries. Your company needs an advocate in the insurance industry, and Wichert Insurance specializes in helping Ohio businesses and non-profit organizations meet their insurance needs affordably.

Why EPLI

Unlike workers compensation insurance, EPLI isn’t required by Ohio state law. However, for many employers, it can be a valuable commodity. What would happen if an employee sued after not getting a promotion within your organization? Would your business be seriously harmed in the event of a sexual harassment suit? Would your company incur overwhelming financial losses in the event of a wrongful termination suit? EPLI helps to address all of these concerns and more.

What Protection Is Available with EPLI

Although an employer is responsible for creating a safe, inclusive job environment, no organization is exempt from the possibility of lawsuits filed by disgruntled employees. Today, the number of suits brought against employers is on the rise. With an EPLI policy from Wichert Insurance, you can protect your organization in the event of issues such as

Discrimination lawsuits
Wrongful termination claims
Class action lawsuits filed by former employees
Sexual harassment suits
Claims of breach of employment contracts
Wrongful disciplinary action claims
Hostile work environment claims
Lawsuits due to failure to employ or promote
Claims of mismanagement of employee benefits packages

How Can Your Company Reduce Risks

In addition to helping business customers find insurance solutions, the professionals at Wichert Insurance also help companies evaluate and reduce risks. Contact us to schedule a risk assessment and consultation. We’ll help you identify areas where employee training and other factors can decrease the risk of lawsuits, and we’ll also shop around to help you find an ELPI policy that meets your corporate needs. We look forward to helping you grow your business and protect your employees while also looking out for your bottom line.