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Employment Practices Insurance

Employment Practices Insurance

If you want to ensure that your business is protected against employee lawsuits, it's crucial that you opt for employment practices insurance, which is also known as employment practices liability insurance, or EPLI.

When it comes to the workplace, it's possible to have a misunderstanding. But whether it turns serious or not is dependent upon your employees. 

Regardless of your team, you should always opt for a solid employment practices insurance policy from a reputable insurance agency like The Russell Agency, LLC to ensure that your company can stay afloat if an employee were to allege something like discrimination, harassment, or wrongful termination.

There's no harm in being smart about your business, and even if you never have to pull it out of your back pocket, it's best for your business to have employment practices insurance. 

Who needs employment practices insurance? 

Curious about who needs employment practices insurance? Look no further. 

Typically huge corporations need employment practices liability insurance more than small companies, but there is no company that wouldn't benefit from this kind of coverage. 

It's simply smart for large corporations to carry higher coverage since they have a lot more employees -- and a lot more chances for a lawsuit. 

However, research has shown that small business and new business are the most susceptible to employee claims against the business, so it's a smart move to opt for coverage even if you're a small business. 

Depending on how many employees you have, how often you turnover employees, the rules you have in place, and whether or not you've had prior lawsuits against your company, the cost of your insurance will differ. 

Contact us about employee practices insurance today!

If you're confused about whether or not your business needs employee practices insurance, The Russell Agency, LLC can help. We have years of experience with providing our coverage packages to businesses just like yours, and we can help you decide on a coverage option that's right for you and your business. 

Give us a call today at {[ agency.phone | phone }} to learn more about our packages and coverage, and gain insight into what will best protect you against employee lawsuits.