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Simpay Insurance Solutions - EPLI
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Every small business owner wants to have happy employees who love their job.
But what happens when an employee files a claim against your business?
Human Resources provider, SHRM, cites the average cost for defending and settling employment cases to be $160,000. That’s a lot of money for a small business to pay out.
Simpay’s Employee Practices Liability Insurance (EPLI) protects your company if an employee files a claim or brings a lawsuit related to workplace issues.
EPLI typically covers workplace sexual harassment claims, discrimination claims, Equal Employment Opportunity Commission claims, Title VII claims, and lack of compliance claims such as FMLA and unequal compensation.
But is EPLI coverage really needed? We really recommend it. Especially if you have lots of employees.
Let us take care of insuring your company, so you can focus on what you love most; Running your business.
But what happens when an employee files a claim against your business?
Human Resources provider, SHRM, cites the average cost for defending and settling employment cases to be $160,000. That’s a lot of money for a small business to pay out.
Simpay’s Employee Practices Liability Insurance (EPLI) protects your company if an employee files a claim or brings a lawsuit related to workplace issues.
EPLI typically covers workplace sexual harassment claims, discrimination claims, Equal Employment Opportunity Commission claims, Title VII claims, and lack of compliance claims such as FMLA and unequal compensation.
But is EPLI coverage really needed? We really recommend it. Especially if you have lots of employees.
Let us take care of insuring your company, so you can focus on what you love most; Running your business.