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EPLI |
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While 90% of small-business owners said employment practice liability was an important coverage, only half said they would consider such a policy when comparing two policies, one with EPLI and one without, according to a survey by Hartford Steam Boiler Inspection and Insurance. That's significant, because in just a few decades, EPLI -- which generally covers employers for worker-generated actions over issues such as harassment or age discrimination -- has evolved from a relatively unknown product to an essential component of a company's insurance portfolio, reflecting the growing impact of employment practices litigation on corporate America's bottom line. have not purchased EPLI -- often because they perceive it as too pricey. |
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