I know you are excited to hire people to help you in the day-to-day operations and get that revenue to start rolling in and building your brand. You strive to hire the best individuals to be the face of your business, but no matter how hard you try, it’s important that you are prepared for incidents or disagreements that may arise that your general liability insurance does not cover.
You may be aware that Employment Practice Liability Insurance (EPLI) can protect your company’s management by defending you against an employee allegation of harassment, discrimination, wrongful termination, or retaliation… just to name a few. However, did you also know that it may protect you from third-party allegations as well? Perhaps a customer, or even a vendor, files an accusation that one of your employees harassed them when they were in your store or clinic. What if you fail to prevent wrongful conduct by a third party against one of your employees? EPLI policies can be tailored to include third-party coverage as well.
It is very easy for anyone to make an allegation, file a claim, and cause you to prepare a legal defense even without any proof of said allegation. One incident could be the end of your company. EPLI coverage takes that headache away from you.
