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Employment Practices Liability (EPL)

Competition is challenging and both private and not-for-profit companies must examine expenses on a routine basis, including the cost associated with business insurance. Some organizations may even consider forgoing the purchase of Employment Practices Liability (EPL) insurance coverage to save money. However, no business is immune to employment practices liability risks — even those with sound, carefully-worded human resources policies and procedures. Failing to purchase this important insurance could potentially cost you more than you think.

Here’s why:

  1. Employment Practices Liability claims are prevalent.
    In 2015 alone, the Equal Employment Opportunity Commission (EEOC) received more than 89,000 charges of discrimination, harassment and retaliation1. Our EPL policy provides broad coverage which can be tailored to your company. The CNA insurance product offerings also include the ability to access risk control services to help avoid claims.
     
  2. Your current business liability insurance may not cover employment liability claims.
    Business liability policies generally have a standard exclusion for employment practices liability exposures. Some business package policies offer limited coverage and reduced limits which may be inadequate to meet the needs of your organization.
     
  3. Insurance can help cover your assets.
    The median payout for an employment practices liability claim that goes to trial is $600,9852, in addition to the applicable defense costs. Even frivolous claims involve time and money to defend. EPL insurance covers organizations and individuals for loss (damages and defense costs) arising out of employment practice disputes. Common allegations in employment practices claims include discrimination, sexual harassment, wrongful termination, and retaliation.
     
  4. Risk management training and human resources consulting advice provided at no additional charge.
    CNA policyholders that purchase EPL coverage are provided complimentary access to Beyond HRSM, the CNA management liability risk control platform. Beyond HRSM includes an online learning management system with trackable training modules on important workplace topics such as the prevention of harassment, discrimination, and wrongful termination. In addition, CNA policyholders who purchase EPL insurance may access the toll-free H.R. Help Line that offers human resources consulting advice regarding employment laws and risk control strategies, provided by a national employment law firm, at no additional charge
     
  5. Who will be with you when a claim is brought against your company?
    When a claim is brought against you, CNA will appoint a dedicated claim professional who will work with your organization to manage each loss and provide quality claim services. The defense of a suit can be expensive in time, money and resources. When suit is filed, CNA will appoint a defense attorney experienced in handling employment practice liability claims. By obtaining EPL coverage through CNA, you can better insure your organization in the event of a lawsuit.
     

With more than a century of experience, we've developed a reputation for offering more than just a policy. CNA Employment Practices Liability (EPL) insurance addresses a wide range of potential exposures, including issues arising from internal practices and procedures.

Our underwriting and risk control professionals offer tailored industry-specific coverages and provide you with the tools and resources you need to understand your exposures and address potential losses. If you would like to get more information about managing your business risks, contact your local independent agent or find an agent now. If you are an agent and would like an application, please visit our Agent Center page

1. "Charge Statistics FY 1997 Through FY 2015," U.S. Equal Employment Opportunity Commission; 
2. Thompson Reuters Jury Awards and Statistics, 2013 ed.

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