EMPLOYMENT PRACTICES LIABILITY

Employment Practices Liability Insurance provides protection for an employer against claims made by employees, former employees, or potential employees. It covers your firm, including its Directors and Officers. Examples of claims covered include:Sexual harassment Discrimination in hiring and promotion Wrong termination • Failure to promote and negligent evaluation Wrongful discipline Mismanagement of employee benefit plans Directors and officers are covered under the Employment Practices Liability policy that may also be added by endorsement to the firm’s Directors and Officers Liability coverage. (See ectors and Officers Liability).

Empty buildings clause

A clause added to a fire policy covering an unoccupied building. The insured must notify the insurer when the building becomes occupied and advise on how the building will be occupied. The insured is required to pay any extra premium that may be demanded.