Every Customer Counts       630-954-1414

Why do I Need EPL Coverage?

 

  • No other insurance policy adequately covers the potential loss.
  • EPL claims are costly and very time consuming. Because the EPLI policy will defend you, managing the claim will be less hassling.
  • Since 1990, job bias suits have tripled.
  • Claims filed with the EEOC have risen from 50,000 to 80,000 over the past 10 years.
  • If the case is settled out of court the Defense expenses alone average $45,000. If it goes to trial, the defense expenses climb to over $100,000.
  • Besides being costly and time consuming, EPLI claims can destroy reputations both personal and corporate. Risk management services can help you avoid the 
    claim in the first place.
  • Most insurance coverage either have frequent or severe claims. Most do not have both. EPLI does. 
    We are finding that we receive more EPLI claims 
    than any other.
  • Do you know what all your employees are doing 
    all the time?
  • Do all employees react similarly to all circumstances? 
    Off color jokes, for example.
  • Mobile technology now opens insured to 24/7 exposure.