Employment Practices Liability Insurance
Why you need employment practices liability insurance for
your business?
Even in the best working environments, there are opportunities for an employee
to become disgruntled. Often, the result is a lawsuit or charge, so even a small,
seemingly insignificant mistake by a manager can lead to serious financial losses for
your company.
Small companies can be at risk. Many owners think of their employees as family,
but it only takes one infraction of a complicated employment law to trigger charges.
An employee who is passed over for promotion, reassigned or reviewed may feel
discriminated against.