Employment Practices

As your business grows and you become more reliant on hired managers and no longer know your employees personally, your exposure grows quickly. Ask yourself how confident are you that you have sufficient documentation on the basis for firing every employee you have let go? If your business is very small and you are personally involved in the day-to-day operations, you may not need this coverage.

Definition:

This coverage protects the company against employment-related liability issues. Things like sexual harassment lawsuits, failure to promote, wrongful termination and discrimination are covered here.