If you have employees, it’s important to have employment practices liability insurance (EPLI). Read this quick Q&A to find answers to questions such as why do I need it, where can I get it and what might happen to my business if I don’t have it?

What Is EPLI Insurance (Also Known as Employment Practices Liability Insurance)?

EPLI Employment Practices Liability Insurance protects your company against claims made by employees, including discrimination (e.g., sex, race, age, disability), failure to employ or promote, harassment, retaliation, wage and overtime calculations, wrongful termination and mismanagement of employee benefit plans to name a few.

Is EPLI Insurance Worth It?

Depending on various factors – your industry, number of employees, policy limits, deductible, turnover rates and claims’ history – EPLI insurance coverage runs between $800 and $5,000 annually. Compared to one out-of-court settlement of say $75,000 and defense costs of $100,000 or more, an EPLI insurance policy is worth the investment.

What Is an EPLI Insurance Policy?

An EPLI Insurance policy provides coverage to business owners and professionals against alleged claims made by their employees for such things as discrimination, failure to promote, harassment, wage and overtime calculations, wrongful termination and mismanagement of employee benefit plans. EPLI insurance helps cover settlements, defense and court costs.

Who Needs EPLI Insurance?

It’s not only owners of small to mid-sized businesses who need EPLI insurance. If you’re an accountantfinancial advisorlawyer or any other type of professional who has employees, you need an EPLI insurance policy to safeguard your firm’s assets, your personal assets and future earnings against employee-initiated lawsuits.

Do You Need EPLI Insurance in Florida?

Florida does not require businesses to carry Employment Practices Liability Insurance. However, all it takes is one claim to bankrupt your company and ruin your reputation. Win or lose, settlements, defense and legal fees can add up to hundreds of thousands of dollars. EPLI insurance helps cover these costs.


As a business owner, you understand the need for general liabilityproperty and casualty, and worker’s comp insurance. One type of coverage you may have overlooked is Employment Practices Liability Insurance. However, an EPLI insurance policy is essential if you have employees.

Imagine how costly, not to mention disruptive and stressful, being sued by an employee would be. Knowing you’re protected by an EPLI policy gives you the peace of mind you need to do what you do best – run your business.

While EPL insurance is often sold as a standalone policy, your best option is to work with one of the insurance advisors at JAISIN Insurance Solutions. We specialize in EPLI coverage and will develop an EPL insurance policy tailored to your business that complements your other insurance liability products. This combining of coverage is something we’ve been providing our clients with for years, because it results in fewer premiums and additional savings.

Get a quote or call JAISIN Insurance Solutions today to talk with one of our EPLI insurance advisors about how to protect your company from claims made by your employees.

Skip to content