What is 'EPL' cover?
Unfortunately, having policies and procedures in place does not completely eliminate the chance of employee claims. Employment practices liability (EPL) insurance can cover businesses against claims by employees, including the following types of claims:
- Wrongful dismissal
- Sexual harassment
- Breach of employment contract
- Other employment-related torts such as defamation, infliction of emotional distress, humiliation, failure to enforce company policy, invasion of privacy, negligence and more.
The costs of EPL cover depends on several risk factors such as number of employees, company turnover, any past claims against the company and whether or not the business manages its HR risks.
We can help reduce your EPL premiums
EPL premiums are lowered when employers take certain precautions such as instituting policies, developing employee standards handbooks, regularly measuring employee’s performance, developing complaints systems, to name a few. Our services provide you with extensive policies and documentation for you to implement to help lower the premiums.
Our services not only assist you in putting the necessary practices in place to prevent employee issues from happening, but also solving them when they do occur. We offer a telephone advisory service so that you can access our information and timely advice when you most need us. Click here to view the range of services we could provide your business.
Thinking of covering your business with Employment Practices Liability insurance? Our insurance brokers can provide you with a quote for EPL cover.