In our modern business climate, lawsuits brought by unhappy employees are on the rise, which is why employment practices liability insurance was born. A careless remark overhead in the break room can get the lawsuit ball rolling, and that’s just for starters. Think about the disgruntled candidate who wasn’t chosen for the plum job, or the one who says she was touched inappropriately during an interview. The current estimate is that three out of five companies will be sued at some point by an employee. Will your staffing firm be next?
Power Up Your Protection
Employment practices liability insurance provides protection from claims brought by an applicant or one of your own employees regarding such allegations as discrimination, sexual harassment and wrongful termination. Here are some insurance highlights:
- Individual policies feature separate limits and deductibles
- Those insured include the clients of the staffing service
- Policy includes wrongful business environment coverage
- Knowledge of the claim is limited to a corporate officer or risk manager
- Coverage is for claims brought anywhere in the world
Relax With Extended Coverage
As you can see, not only is your staffing firm protected, but coverage is also given to your clients should a worker or jobseeker provided by your company be the cause of any action that falls under the threat of a liability claim. Take a look at employment practices liability insurance; it can stop the lawsuit ball from barreling through the door of your staffing firm.