Employment Practices Liability Insurance (EPLI) in South Africa

With employment-related litigation, CCMA action and the inherent financial risk to businesses, Employment Practices Liability Insurance (EPLI) provides employers comprehensive coverage for related claims.


 
Employment Practices Liability Insurance Risks
Does your Employment Practices Liability Insurance (EPLI) provide cover for risks such as litigation?
 
 

Need Employment Practices Liability Insurance (EPLI) Assistance?
 
 
Employment Practices Liability Insurance for job termination, harassment etc
Employment Practices Liability Insurance may include cover for harassment

In today's increasingly litigious business environment, employing staff is inherent with legal exposures and employers thus need cover against allegations of unfair labour practices & disputes. Business owners also need to be protected from meritless claims and the risk of CCMA action, brought by disgruntled employees – EPLI coverage can serve as a last line of defence. 

Litigation can be both time consuming and very costly. Employment Liability Risk Insurance grants comprehensive insurance coverage for all employment related claims.

Regardless of how good your Human Resources (HR) department is functioning, any company may fall victim and make mistakes in their disciplinary processes. These mistakes may be costly in defening a wrongful dismissal or discrimination claim -- whether innocent or guilty, or even if the claim is groundless or frivolous -- it can be very expensive when having to deal with a disgruntled employee. Higher salary earners such as senior management, directors or executives, may threaten financial resources and cost a company a pretty penny – that is, if a ruling is made against you.

There are a few leading insurers and specialist niche underwriters who provide cover for Employment Practices Liability Insurance.

These options may be confusing...

In fact, the smartest thing you can do is -- Get a specialist broker to do it for you!

 
Employment Practices Liability Insurance (EPLI) may cover the following:
  • Legal costs and expenses.
  • Compensation awards (at the CCMA for instance), made against you for a range of violations.
  • Some products may extend to the international arena.
  • Claims may include aspects related to: Retaliation, harassment, wrongful termination, neglect to employ, neglect to promote, cause of distress, neglect of providing equal opportunities, violation of civil rights, not following HR policies - amongst others.
 
An Important consideration applicable to Employment Practices Liability Insurance (EPLI):
  • Are extra services included in your cover, such as: Risk management, access to legal aid and arbitrators, risk analyses, HR training and chairing of actions?
 
 
Wrongful termination, CCMA action & litigation cost can be expensive
Wrongful termination, CCMA action and litigation, can be very costly
 
 
 
 
Broker DirectorySmart insurance advice brought to you by professional insurance brokers!