Many business owners think of their company as a tight knit group and their employees as a family. That might be true in good time, but what happens when something goes wrong and an employee-or potential employees-sues You?
If You do not have job practice of insurance, the lawsuit can put you out of business, says Cliff Baseler, Vice President, best Hoovler Insurance Services Inc., a company SeibertKeck.
Smart Business spoke with Baseler about what insurance covers working practices and the risk of failing to have it.
EPLI is an insurance policy that provides entrepreneurs with protection against claims of discrimination, wrongful termination, sexual harassment or other employment-related claims made by employees or potential employees.