employment practices liability insurance

Makes sure your “best practices” include having EPLI insurance.

In 2012, the Equal Employment Opportunity Commission (EEOC) refocused its energies with a proactive stance to “make a sustainable impact in reducing and deterring discriminatory practices in the workplace.” For employers, this has translated in an increase in class-action lawsuits and other employee-related workplace issues. What’s more, legislation changes a few years ago to the American Disability Act (ADA) broadened the definition of disability, making it easier for individuals to establish a medical condition and receive protection under federal law. In fact, the EEOC has seen record high charges and settlements in discrimination cases over the last few years.

Let us help you like we’ve helped many other businesses in New Jersey, Pennsylvania, and Connecticut, including companies in Mercer, Middlesex, Monmouth, and Ocean Counties, as well as Bucks County, PA. We offer up-to-date solutions to address targeted areas of exposure that most threaten your organization.

Could your company survive even one wrongful termination lawsuit?

The implementation of robust best practices when it comes to recruiting, hiring, and firing, along with documentation, written policies, and a strong training program that fosters a culture of fairness and transparency are critical in stemming workplace lawsuits. But even with these practices and policies in place, employers still face allegations of wrongdoing that require defending — even if the allegations are meritless.

To help safeguard your business against these types of lawsuits, Martin Insurance Group recommends securing employment practices liability insurance (EPLI). EPLI insurance is designed to cover legal fees, settlements and damage awards that result from employee claims of misconduct against your company’s employees and managers. Some insurers will even cover the costs of investigations and legal fees associated with regulatory actions. Keep in mind that general liability insurance and directors and officers insurance don’t cover claims of employment practices wrongdoing.

In addition, through our carrier partner, we can provide you with HR services to help you with employee-related best practices, including a free human resources hotline (no limit on number and length of calls).

Call now to speak with a representative about D&O insurance. Martin has the experience and expertise to protect you and your business. We invite you to find out more about the difference we can make in insuring what’s important to you. Please click here for a quote or give us a call at 800.353.5000.

Q. Why do I need EPLI insurance?

A. If you own or are thinking about starting a business, having insurance coverage should be one of your top priorities — right after incorporation and a business plan.

Without specialized business coverage like EPLI insurance, everything you put into a company could easily be wiped out with one accident, lawsuit, or other unplanned hardship. Martin Insurance Group can help you assess your needs and get the right business insurance for your organization. Whether it’s as simple as a BOP (business owners policy), specialized coverage like EPLI insurance, or even a cyber liability policy, we can help.

Q. Why should I buy EPLI insurance from you?

A. Martin Insurance Group works with hundreds of New Jersey, Pennsylvania, and Connecticut businesses of all sizes, in a diverse range of industries. Chances are we have helped insure businesses ...READ MORE similar to yours before, so we know the ins and outs of your industry. What’s more, we have been selling insurance since 1983 and are a stable company you can trust.

Here are some additional reasons customers trust us for their commercial insurance needs:

We could save you money.
As an independent insurance agent, Martin isn’t tied down to one solution. We can compare policies and pricing on coverage such as general liability, workers compensation, and contractors insurance from a variety of providers and help you choose the one that’s right for your business’ unique needs.

We might even recommend one business insurance provider for part of your coverage, and another for other coverage – whatever makes the most sense.

We stay on top of the paperwork.
With all that you have going on, it’s easy to forget to file or renew coverage. So Martin has developed quality control systems that ensure your commercial insurance records are current. We’ll even help you through the auditing process. No more scrambling to meet dates or find certificates – your Martin team will make sure you are on the ball and in compliance.

Q. I already have EPLI insurance. How do I know if it’s the right type or amount?

A. If you already have some form of management liability insurance, but are not sure if it is the right type or amount of coverage, schedule a no-obligation review of your existing policies.

Our experienced team is generally able to identify gaps in coverage or opportunities to save money. Contact Martin today to schedule a complimentary review.

Email: info@martinins.com • Toll-Free: 800.353.5000 • Telephone: 609.356.1500
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