Employment Practices Liability Insurance (EPLI)

Employment Practices Liability Insurance is an insurance policy that protects employers against financial loss arising from claims alleging employment related wrongdoings. Employment Practices Liability Insurance is also known as EPLI. EPLI policies are typically offered as claims made, named peril, insurance contracts. EPLI covers injury-causing employment practices perils such as discrimination, harassment, wrongful dismissal and retaliation. Financial losses can include defence costs, damages or settlement; however the most frequent loss incurred is defence costs. See also Wrongful Employment Practices, Third-party Employment Practices Liability Insurance.

Read more about: Employment Practices Liability Insurance
Learn more: take the course!