Employment Practices Liability (EPL insurance)

Purchase employment practices liability to protect your organisation with a robust legal defence

Employment practices liability (EPL)

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Protect your business against the financial and legal costs arising from employment disputes.
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Get indemnity™ employment practices liability starts at £372 yearly or £31 monthly.
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Employment practices liability (or EPL Insurance) can be combined with D&O insurance.
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Compare employment practices liability quotes with a digital insurance broker.

Employment Practices Liability (EPL Insurance)

Compare business insurance for employment claims against an increase in employment tribunal cases

With greater employee awareness of their rights and how to exercise them, the cost to defend employment disputes can require significant time and financial resource. Employment practices liability can provide timely access to a quality legal defence.

At get indemnity™ employment practices liability starts at £372 annually or £31 monthly for a £500,000 limit. Below we provide some background and explain how employment practices liability can protect your business.


    What is employment practices liability?

    Employment practices liability insurance, otherwise known as EPL Insurance, offers the company and their directors, officers, employees, protection from claims arising from a range wide range of employment disputes.

    The business insurance can be offered on either a stand-alone basis or combined under management liability insurance policy with D&O insurance.

    To obtain your get indemnity™ employment practices liability quotes, complete our digital onboarding process and under additional covers request employment practices liability.


    Why purchase employment practices liability?

    Employment disputes can cost significant time and resource. Even with established HR policies and procedures to mitigate exposures, the company and managers can find themselves embroiled in bitter and costly disputes.

    Employment practices liability cover can provide a legal defence and pay damages awarded by an employment tribunal. For further information read: Employment disputes (UK) - how to protect your business?

    Dealing with employees can be highly emotive and if internal procedures aren't followed, you can leave yourself open to successful employment practices liability claims.


    What does employment practices liability cover?

    Employment practices liability will protect against financial losses and costs in the defence of a claim for an alleged wrongdoing.

    Typically, an employment practices liability policy will afford cover to:

         

    Wrongful or unfair dismissal

    Sexual harassment

    Workplace harassment

    Discrimination

    Refusal to promote

    Wrongful demotion

    Negligent reference

    Negligent evaluation

    Invasion of privacy

    Retaliation against an employee

    False imprisonment

    Wrongful infliction of emotional distress

     

    How insurers price your employment practices liability cost?

    Below are key considerations when insurers price your employment practices liability cost:

    • Number of employees, wage roll, turnover, net worth and years established will impact your exposure and your employment practices liability cost.

    • Exposure to different jurisdictions: USA & Canada are high hazard exposures, with France & Germany carrying an increased exposure compared with the U.K.

    • Nature of your activities: third-sector; education sector; solicitors; healthcare; sports clubs; call centres, carry a higher employment practices liability cost.

    • HR policies and procedures including: background checks and reference procedures; written policies on discrimination, harassment, discipline and termination.


    Redundancies and employment practicies liability

    Strategically reducing the number of employees at your business will increase your exposure to employment practices liability claims. Redundancies and restructuring require sensitive handling to ensure fair treatment of employees.

    Redundancy legislation is complex, and employers need to understand their obligations, including employees' rights and the correct procedures to follow. It is prudent to have employment practices liability insurance in place, before you undertake a restructuring of the business.

     

    Get indemnity™ employment practices liability quotes


    How to compare employment practices liability quotes?

    At get indemnity™ we are starting to see a ‘hardening’ of the market for employment practice liability insurance. The impact of Covid-19 on specific industry sectors has meant some insurers are seeking to increase premiums as a result of claims activity.

    Claim trends in the UK suggest that employment practices liability circumstances are reported more frequently with lesser amounts sought, as opposed to high severity claims resulting from the legal framework.

    Competition within the market for companies with good controls and procedures, that are not planning to make significant redundancies. If your business has a high hazard exposure or significant claims paid you should engage with your employment practices liability insurance broker early to ensure a satisfactory renewal.

    Please give us a call to discuss your individual circumstances on 0345 625 0711.

    Compare employment practices liability insurance cost


    This guide is for information purposes and based on sources which we believe are reliable, the general risk management and insurance information is not intended to be taken as advice with respect to any individual circumstance and cannot be relied upon as such.