What is Employment Practices Liability Insurance (EPLI)?

Employment Practices Liability Insurance (EPLI) is a type of insurance designed to protect businesses against claims made by employees alleging discrimination, wrongful termination, harassment, or other employment-related issues. This insurance helps cover legal costs, settlements, and judgments that arise from such claims. EPLI is particularly important for businesses of all sizes, as employment lawsuits can be costly and time-consuming. By having EPLI coverage, companies can better manage the financial risks associated with employment-related legal actions.