Employment Practices Liability Insurance protects a business and its employees from claims of actual or alleged discrimination, wrongful termination, sexual harassment, and other employment-related allegations made by current, former, or potential employees.
The average annual premium for an EPLI policy is $1,200.00.
Racial Discrimination - A group of candidates of Indian heritage sued a private retail company for ethnic and racial discrimination after learning that they had all been rejected employment solely on the basis of their race and ethnic background. The defense and settlement costs totaled more than $200,000.
Discrimination on the basis of disability — An employee took medical leave to address an illness. When he was ready to return to work, the insured informed him that his position had been filled and that his employment was no longer available. He sued for lost pay, emotional hardship, and a breach of disability discrimination laws. The defense and settlement totaled more than $100,000.
Innovative Insurance is your one-stop shop for all of your Insurance Consultants in South Florida, Fort Lauderdale, and Palm Beach. Call (954) 340-9551 for additional details.
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