KIA&B 2019 March/April 2019 | Page 36

Employment Practice Liability Insurance We specialize in Employment Practice Liability Insurance (EPLI) for all private corporations and non-profit organizations. The harsh reality is that businesses & non-profits are sued by their employees and volunteers every day. Did you know: • An employer is nearly three times more likely to be sued by an employee than experience a fire. • Most lawsuits settle out of court, but when they go to trial employees win 70% of the time. • Average EPL claim is $70K for defense and compensation, which is 26% higher than 3 years ago. • Your customers, clients, and job applicants can sue you for sexual harassment or discrimination, making 3rd party coverage very important to have on this policy. • Small companies account for roughly 40% of all employee lawsuits & administrative charges. Contact our Professional Lines department today for help with your next Employment Practice Liability Insurance policy! CHRIS-LEEF GENERAL AGENCY (800) 548-0491 | www.chris-leef.com | [email protected] Some products may not be available in all states In California: Chris-Leef General Insurance Agency/License#OI81028 KIA&B_MarApr2019_Draft.indd 34 4/19/2019 10:11:53 AM