Regardless of size, the likelihood a business will suffer an employment practices claim is higher than ever. Litigation can include, but is not limited to, allegations of workplace discrimination, harassment, wrongful termination, retaliation and violations of wage and hour laws. A comprehensive Employment Practices Liability policy is designed to help protect your business against the growing costs to defend these sometimes-frivolous lawsuits and cover damages such as settlements, judgments and verdicts. Access to free risk management services is included with this insurance, which will help you prevent employment-related claims before they take place.
An insurance agency settled for $80,000 with a Non-Exempt Customer Service Representative for unpaid overtime. The CSR was paid $20/hour by the agency and never complained about her workload. Frequently, she was asked to come in early for conference calls and to stay late at the end of the month to ensure that all policies were billed prior to month end close. Without having any knowledge of any wrongdoing, the owner was served with an FLSA lawsuit from the CSR who had been quietly tracking her hours worked. The agency had no way of knowing whether her calculations were accurate and was advised by counsel to immediately settle for the requested amount.
Internet/Email Liability: An employee who intended to email a pornographic joke to only a single recipient accidentally pressed the wrong button, sending the off-color joke to the company's entire workforce. The employer made the employee send a follow-up email apologizing to the workforce. Two months later, during a company downsizing, an employee sued for a hostile work environment and used the email as evidence.
These are only two very real examples. There are countless possible scenarios. Every business, even those without employees, need EPLI. Vendors can successfully sue you because of a "hostile work environment" if they're offended by something in your office.
You can protect yourself, and your clients, by answering just a few questions. Click Here for an EPLI quote request form.
Your clients might not realize that having an in-home business opens up a risk that their homeowner's policy might not cover. Most in-home business owners have little or no coverage from their homeowner's policy. If your client files a homeowner's claim for losses sustained by a previously undisclosed home-based business, the carrier may refuse to cover it or cancel the policy altogether.
Home-based businesses are everywhere these days. Pampered Chef, Tastefully Simple and Thirty-one Gifts enterprises operating out of a home are common-place. Insurance for your customer's businesses is a MUST. Don't leave their assets vulnerable and don't open yourself to an E&O claim.
Grand General works with several companies offering this type of coverage. Let us help you.
Did you know that we are able to write many different kinds of vacant properties? Properties with and without renovations are acceptable, Builders Risk is available on new construction, 3, 6, 9, and 12 month terms are available.
Agents have binding authority on many categories which is helpful in a pinch. Let us know how we can help you expand your vacant book of business. Give us a call today at 800-869-2022.
USLI's All-In-One Non-Profit Package product provides non-profit organizations the opportunity to purchase general liability, property, directors & officers and employment practices liability including special events/liquor liability coverage all through one application and one policy!
Target classes include, but are not limited to:
Chambers of commerce
Parent teacher organizations
Social service organizations
Coverage highlights include property being covered on special form, general liability on an occurrence form, automatic coverage for volunteers, D&O with a lifetime occurrence reporting provision, and up to three special events with up to 100 attendees free of charge (more can be added for additional premium). Policyholders also gain access to the Business Resource Center which provides free or discounted access to business solution vendors. Solutions include:
- Human resources services
- Pre-employment/Tenant screenings
- Identity theft protections
- Marketing resources
See www.usli.com/brc for a full list of available business solutions.
Now is the time to reach out to your non-profit clients and prospects to offer a quote through USLI!