Future-proof your business with comprehensive EPLI protection bundle
Components of a Comprehensive EPLI Protection Bundle
A comprehensive EPLI protection bundle typically includes several key elements:
- Defense Costs Coverage: This covers the legal expenses associated with defending against employment-related claims, regardless of the outcome.
- Settlements and Judgments: EPLI policies often cover the costs of settlements or judgments, which can be substantial.
- Third-Party Coverage: Some policies extend protection against claims made by non-employees, such as customers or vendors, for harassment or discrimination.
- Risk Management Services: Many insurers offer resources to help businesses implement best practices and reduce the likelihood of claims.