It is important to have employment practices liability insurance (EPLI) to protect yourself and your business in Hickory.
While no business owner ever hopes to have to deal with a disgruntled employee or employee termination, the fact of the matter is that most companies will have issues related to this topic at one point or another. Even if you take the necessary precautions to follow the law and provide your employees with the best possible opportunities, it is still important to have employment practices liability insurance (EPLI) to protect yourself and your business in Hickory, North Carolina.
Employment practices liability insurance provides coverage for employers when a claim is made by a current or former employee alleging discrimination, harassment, wrongful termination, or another similar issue. Having EPLI is a crucial part of protecting yourself as a business owner and the reputation of your business any time a suit is filed. Employment practices liability insurance will help cover the costs of legal fees and other legal financial obligations until the case is resolved.
At First Security Insurance, we understand that having the right insurance protection in place is an important part of owning a business. If you aren’t sure whether you have an EPLI policy, or if you would like to update your commercial insurance coverage, our experienced team can assist you.
As an independent insurance company, we represent some of the finest insurance carriers in the market, and we have nearly 100 years of experience building commercial insurance plans to meet the needs of our clients. Whether you require commercial flood insurance, employment practices liability protection, or commercial fire insurance, we can help.
Contact us today for more information about our services and to get a no-obligation quote.