An employment practices liability insurance (EPLI) policy is specifically designed to protect against the unique employment-related risks of business owners. It offers insurance protection against claims and lawsuits that are brought against a business, its officers or directors, or its employees and managers, and generally cover charges in the following areas:
- Gender, age and other types of discrimination
- Sexual harassment
- Wrongful termination or discipline
- Negligent compensation, promotion or hiring decisions
- Breach of contract for employment
- Emotional distress or mental anguish
- Invasion of privacy
- Libel or slander
- Employee benefits mismanagement