Employment Practices Liability Insurance (EPLI) covers your business against lawsuits or claims filed by employees, former employees and employment candidates. The insurance coverage protects the company, its directors, officers and other employees. A coverage can be used to cover expenses associated with employee rights violations, such as alleged acts of discrimination and wrongful termination.
If your company has to deal with a lawsuit or claim, your coverage will reimburse the expenses incurred by handling the lawsuit. These expenses will be covered regardless of the outcome of the case. The policy will also cover the cost of any settlements or judgments entered against your business.