Do You Need Employment Practices Liability Insurance?
In 2016 there were 20,857 complaints about age discrimination in the workplace filed with the EEOC (Equal Employment Opportunity Commission). This number is expected to increase with the aging workforce in the United States.
The #Metoo movement has resulted in a dramatic increase in the number of sexual harassment claims in the workplace.
Transgender discriminations lawsuits have increased substantially in the past five years.
Religious discrimination complaints comprise 6% of those filed against employers.
In fact, in 2016 there was a 10.5% chance an employer would face a complaint or lawsuit from an employee.
Here is a fact even more startling than the ones above. Even though the expenses incurred as a result of these incidents are covered under an Employment Practices Liability Insurance policy (EPLI), 80% of employers don’t carry it.
Does your business or organization have employees, but not EPLI? Why not let us get you a quote for it today? We have several markets and can find an affordable policy to protect you.