Insurance solutions by Rutledge and associates
Liability insurance which covers acts deemed wrongful occurring during the employment process. Examples include breach of employment contract, wrongful discipline, wrongful termination, sexual harassment, wage and hour law violations, violations of the FMLA (Family Medical Leave Act), mismanagement of employee benefit plan and discrimination. Additionally policies can cover a variety of employment related inappropriate conduct, such as defamation, failure to promote, deprivation of employment opportunity, negligence during the evaluation process, and invasion of privacy. The policies can be written to cover officers, directors, employees and management staff. The cost of the coverage will depend largely on if your company has a history with a employment 3rd party liability claim, the number of employees, the percentage of turnover and if you have established rules and practices in place.
To significantly lower your employment practices liability risk, do the following: