Would you practice veterinary medicine without malpractice or fire insurance? If you answered no—you should secure employment practices liability (EPL) insurance immediately because it is just as important to a practice owner. EPL coverage responds to allegations such as wrongful termination, discrimination and sexual harassment. If you haven’t checked out the PLIT-sponsored EPL Program yet, now is the time.
Current, former, or prospective employees may claim they were victims of illegal employment-related discrimination such as:
- Pregnancy Discrimination
- Racial Discrimination
- Religious Discrimination
- Age Discrimination
- Disability Discrimination
Individuals may allege that they were subjected to sexual harassment in the workplace.
Third Party Liability
Coverage for claims alleging discrimination or harassment brought by a third party against the practice or its employees is available by endorsement for an additional charge.
An EPL policy will respond to allegations from an employee claiming he or she could no longer tolerate the work environment and was compelled to resign or retire.
Duty to Defend
With an EPL policy, the insurance company has a duty to defend you against covered allegations. Transfer your risk and the legal fees to the insurance company.
Optional Punitive Damage Coverage Sublimit
Most EPL policies exclude punitive damages.