It is no small surprise that the business world has changed dramatically over the years. While there had always been an uncertainty involved in running a business, things got even more complicated in the aftermath of the COVID-19 pandemic. If you want to stay on top and protect yourself to the best of your ability, you absolutely want to take time to consider your insurance options. The right coverage is key to making sure that you can handle all of the trials and tribulations ahead.
What Is EPLI?
One area you absolutely need to think over is EPLI insurance. Employment Practices Liability Insurance is a type of coverage that protects you in the event of wrongful acts taking place while you are in the process of hiring or offboarding employees. If there are claims of negligence or discrimination, for example, you will be able to stay protected. What’s more, this covers claims of sexual harassment, invasion of privacy, wage violations, and more. Take time to learn more about EPLI to see what it can bring to you. Other insurance options to consider include:
- Errors and omissions coverage
- Directors and officers liability
- Workers’ compensation
The Right Fit
By knowing what to look for in an insurance plan, you can take proper care of your business. Give yourself a chance to review your options and find a plan that perfectly fits all of your needs.