lose — even if you win. Arbitrating, settling or defending an employment practices case— regardless of its merit — could easily result in five- or six-figure costs.
Smart business owners have Employment Practices Liability (EPL) coverage. Why? The costs of dealing with employment practices liability charges could cripple a business. Federal, state, and
local statutes are increasingly complex, and employers find little sympathy from judges and juries.
The merits of the case don’t matter, and it doesn’t matter whether the employment practices liabilitycharge is arbitrated, settled or defended — all scenarios can easily result in five- or six-figure costs for your business. In addition, consider the time you’ll lose in defending yourself. The average EEOC complaint requires over a year to resolve.