Employment Practices Liability Insurance (EPLI) provides defense and indemnity protection against claims arising from the employer/ employee relationship. The policy shields employers - plus all current, former and prospective employees, directors and officers, even the corporate entity - against a broad spectrum of employment-related claims.
Employment-related lawsuits are not only brought against Fortune 500 companies. Smaller firms can be targeted as well – and the consequences of not having proper coverage can be financially devastating. Remember that even baseless or frivolous actions must be defended against. Rockwood now offers a cost-effective EPLI product for companies with up to 12 employees.