Employment Practices Liability Insurance in Martinsburg, VA

Employment practices liability insurance (EPLI) may provide coverage for claims of wrongful actions during employment. Any organization with employees is vulnerable to these lawsuits—even with the proper risk management strategies in place. 

The experienced team at Eckenrode Financial Services LLC in Martinsburg, West Virginia, can provide information on EPLI. Contact us today for details.

How Does EPLI Work?

Current, former or prospective employees may file lawsuits against your organization with allegations that your entity violated their workers’ rights. Claims may be for improper actions, such as:

·        Discrimination

·        Harassment

·        Wrongful termination

·        Retaliation

·        Failure to promote

·        Failure to hire

·        Defamation

·        Wage violations

EPLI may help compensate the affected party and cover the legal costs (e.g., attorney fees, court costs, settlements and judgments) associated with these claims, even if the suit is eventually dropped. Our agents can provide more information regarding coverage, limits and exclusions.

Why Do I Need EPLI Coverage?

Organizations with employees (e.g., large corporations, small businesses or nonprofits) should consider securing employment practices liability insurance, regardless of their size or industry. While EPLI is generally not mandatory, it can supplement your other insurance policies that generally do not provide coverage for employment practices liability claims.

Additionally, EPLI may be packaged with other management liability policies (e.g., fiduciary liability insurance, directors and officers [D&O] liability insurance and special crime insurance), or it may be available as a standalone policy.

How Much EPLI Coverage Do I Need?

Each entity’s EPLI coverage needs vary. Risk profiles may be affected by factors such as your organization’s size, location, industry, and previous claims history. Our agents can work with you to help you find a policy that meets your needs.

How to Get EPLI

The knowledgeable agents at Eckenrode Financial Services can help you get EPLI and other insurance policies. Contact us today to get started.