Hiring new people to join your growing team is a tricky process that must be handled correctly. Not only do you want to make sure you’re adding the right people, but you want them to feel respected and valued in the process.
Employment Practices Liability insurance covers wrongful acts arising from the hiring process within your organization. This policy covers directors, officers, management and employees involved with hiring for your business.
The most common claims covered under Employment Practices Liability include:
- Breach of Contract
- Defamation (Libel & Slander)
- Deprivation of a Career Opportunity
- Drug Testing
- Emotional Distress
- Failure to Promote
- Inappropriate Work Conduct
- Invasion of Privacy
- Loss of Consortium
- Mental Anguish
- Negligent Evaluation
- Negligent Hiring
- Negligent Retention
- Negligent Retaliation
- Negligent Supervision
- Sexual Harassment
- Statue Violation
- Third Party Claims
- Wage / Hour Disputes
- Wrongful Termination
Would this policy protect our business against 3rd party ADA claims as well?
Third Party ADA claims brought against your business are covered under an Employment Practices Liability policy. This would include complaints from an employee that a client was discriminatory, for example. You would only be covered if your policy is endorsed. OnMarket Insurance Associates always endorses this coverage onto the policies we write.
What are some other things covered with Employment Practices Liability?
These types of claims will also cover you for:
- Defense Costs over your Limit of Liability
- Defense Costs for Non-Monetary Claims
- Individuals, including Leased Employees
- Discovery for ONE, TWO, and THREE year terms
- Worldwide Coverage Territory
Could an Employment Practices policy cover claims against us from our Independent Contractors?
Yes, while the employment agreements may be different from your other employees, Independent Contractors still go through the same hiring process after which they could submit a claim. We can help you build a custom policy that has you covered from all angles.