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Employment Practices Liability Insurance Program EPLI

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Employment Practices Liability Insurance Program EPLI B5848_EPLI 2/14/06 2:49 PM Page 1 For more information about EPLI … Why your firm needs Employment For instant information on the EPLI program offered through Marsh Affinity Group Services, simply visit Practices Liability Insurance www.proliablity.com/EPLI Think your firm won’t be sued by an employee for wrongful termination … You’ll be able to self-rate, apply for coverage EPLI EPLI and submit your premium payment. Or call discrimination … defamation … failure to make partner … negligent supervision … us at 1-888-601-6667. sexual harassment … or other inappropriate employment conduct? Underwritten by Lloyd’s of London Employment (underwriting syndicates 2623 and Six out of ten employers have faced 623 – Beazley Furlonge Ltd. Rated “A” by Practices employee lawsuits within the past A.M. Best) five years. Beazley / Furlonge – Lloyd’s of London These facts show Beazley Furlonge Ltd. is a large syndicate of Liability it can happen and Lloyd’s of London and a recognized world 67% of all employment cases that leader in Specialty Insurance Services. Beazley how much it will go to litigation result in a judgment for is rated “A” by A.M. Best. For more Insurance cost your firm: the plaintiff. information, see www.beazley.com. Statistics show an Edgewater Holdings Ltd. (Edgewater), a Managing General Agency and consulting Program employer is more likely The average amount paid for out-of-court firm, is a leader in the development and to have an employment settlement is $40,000. delivery of EPLI policies. claim than a property or general liability claim.* Offered by Marsh Affinity Defense of the average EPLI case, through Group Services *Society for Human trial, costs more than $45,000. Marsh is the world’s leading risk and Resource Management – Helps protect your firm’s 2002 insurance services firm and was recently The median compensatory award in EPLI selected as best commercial insurance broker by Business Insurance magazine’s Readers’ assets from employment-related cases is $218,000. Choice Awards. defense costs and offers training 10% of awards in cases involving 28714 EPLI Brochure to minimize exposure to discrimination and wrongful termination are Code: B5848 Size: 8 1/2"d x 14"w in excess of $1,000,000. Fold to: 8 1/2"d x 3 1/2"w employment practice lawsuits. Ink: 2/2: PMS 2945 Blue & Black/Same 28714 B5848 ©Seabury & Smith, Inc. 2006 Bleeds 3 sides front & back Stock: 70# White Matte Coated B5848_EPLI 2/14/06 2:49 PM Page 2 How Employment Our firm has less than 15 employees and often uses contract employees, Easy to qualify for EPLI so we have little need for Employment Practices Liability Insurance, right? First-Time Buyers must meet the Practices Liability Wrong! You need EPLI whether you have few employees and/or use contract employees. following criteria: ● That’s because the accusation of a wrongful discriminatory act is cause for legal action regardless of No current EPLI coverage ● Insurance Helps whether you have one employee or one hundred. And “employee” has been broadly interpreted by No EPLI losses in the last 5 years case law to include personnel who work primarily in your place of business, regardless of whether or not they are directly on your payroll. If your firm meets these criteria, you simply Your Firm need to complete a short online application at www. proliability.com/EPLI. You’ll be able to self-rate, apply for coverage and submit your Employment Practices Liability Insurance EPLI covers charges made by employees against ● Claims Made coverage premium payment. (EPLI) is a valuable resource for your firm an employer for: ● Limited Reporting Endorsement — included because it provides two key components: ● Wrongful termination for 60 days following end of the policy All other firms are subject to standard ● ● Insurance Coverage — to provide ● Discrimination Extended Reporting Endorsement — one underwriting protocols under our defense/damage coverage to help protect ● Defamation of 12 months may be purchased, certain Choice Platform. ● criteria apply your firm’s assets Failure to make partner Simply complete an application request form ● Negligent supervision or hiring third-party ● Terrorism Coverage (optional) adds 5% to your ● Risk Management — to offer training at www.proliablity.com/EPLI. We will claims for discrimination premium rate then present your law firm profile to several to minimize your firm’s risk. ● ● Sexual harassment Defense outside the Limits of Liability reputable insurance companies for the best ● Other forms of inappropriate employment (optional) adds 12.5% to your premium rate choices in quotes. Protects your firm’s assets with conduct insurance coverage Plus, the EPLI program covers a wide variety of Minimizes your firm’s exposure No one likes to think about an employee situations: individual and spouse, corporations, with risk management suing their firm. But as you know, in today’s stockholders, named partnership or joint venture, When you enroll in the Employment Practices ever-increasing litigious environment, no firm partners, joint ventures and spouses, employees, Liability Insurance (EPLI) Program, your firm’s or individual is immune. executive officers, directors, trustees while acting within scope of employment, dedicated employees will become members of the Should your firm be named in an employment independent contractors, volunteers, temporaries, Employment Practices Risk Management practices lawsuit, it’s imperative you protect part-time and leased employees (in-sourced). Association (EPRMA), a nonprofit organization your firm’s assets from any devastating legal that provides Web-based training for members, Our firm has general liability and expenses. In addition, EPLI offers these features: office managers and employees. (Note: A $75 yearly ● firm (EPRMA) membership fee will be charged.) workers’ compensation policies — With EPLI, your firm may select from among Consent to Settle won’t they cover employment three limits of liability options. Each option is ● Full Prior Acts or Retro Date Inception The benefits of membership, which is required for subject to a per claim deductible, a per claim coverage this program, include: practices claims? limit of coverage, and a ● Compliance training for managers With rare exceptions, claims resulting from per policy aggregate and supervisors employment practices offenses are not covered limit of liability: Per Claim / Per Policy Aggregate Deductible Limits of Liability ● Sexual harassment prevention training under general liability policies. First, the majority 28714 EPLI Brochure ● A hotline for information on best practices of these acts are not accidental, so they are not Code: B5848 Coverage Option # 1 $2,500 ($5,000 in CA) $250,000/$250,000 ● The ability to procure EPLI at special considered “occurrences.” Also, the injuries they Size: 8 1/2"d x 14"w cause do not constitute “bodily injury” or Coverage Option # 2 $2,500 ($5,000 in CA) $500,000/$500,000 member rates Fold to: 8 1/2"d x 3 1/2"w “personal injury” as defined under general liability. For your special member rate, please visit Ink: 2/2: PMS 2945 Blue & Coverage Option # 3 $2,500 ($5,000 in CA) $1,000,000/$1,000,000 Black/Same www.proliability.com/EPLI for a quick quote. Workers’ compensation policies specifically Bleeds 3 sides front & back exclude coverage for employment practices issues. Stock: 70# White Matte Coated.
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