As a business owner, protecting your company from every angle is essential. While many businesses focus on property and general liability coverage, employment-related claims are one of the most common and costly risks. Employment Practices Liability Insurance (EPLI) helps protect your business from claims made by employees related to workplace conduct and employment decisions.
At Mountain Lakes Insurance, we help businesses in Woodstock and throughout Georgia secure EPLI coverage that fits their size, industry, and risk exposure.
What Does EPLI Cover?
EPLI provides coverage for claims that arise from employment-related issues. These claims can come from current employees, former employees, or even job applicants. Covered claims may include:
- Sexual harassment
- Wrongful termination
- Discrimination
- Retaliation
- FMLA violations
- Failure to promote or wrongful promotion
- Mismanagement of employee benefit plans
- Wrongful discipline
Policies typically include legal defense costs, which can add up quickly even if the claim is unfounded. EPLI can be purchased as a stand-alone policy or added to a Business Owners Policy (BOP), depending on your business needs. Premiums are based on the number of employees, your industry, and your claims history.
Preventing EPLI Claims with Proactive Practices
The best way to reduce the risk of an EPLI claim is to establish clear workplace policies and provide ongoing employee education. Many of our carriers offer valuable resources to help you stay compliant and reduce exposure, including:
- Model employee handbooks
- Web-based training modules
- Sample employment forms and templates
- Articles on current EPLI trends and best practices
These tools help you create a safer, more transparent work environment while also strengthening your defense in the event of a claim.
Why EPLI Matters for Small and Mid-Sized Businesses
No business is immune to employment-related claims. In fact, small and mid-sized businesses are often more vulnerable because they may lack dedicated HR departments or legal teams. EPLI provides a financial safety net and peace of mind, allowing you to focus on running your business without the constant worry of legal exposure.
Frequently Asked Questions
No, it’s especially valuable for small businesses without dedicated HR support.
Get the Right EPLI Coverage for Your Business
At Mountain Lakes Insurance, we understand how important it is to protect your business and your team. Our experienced agents will help you evaluate your risk, explore your coverage options, and find the right EPLI policy for your needs.
Contact our Woodstock office today to speak with a local agent and get a personalized quote.
