Have you ever heard of EPLI or Employment Practice Liability Insurance. EPLI insures against claims of discrimination (based on age, sex, race, religion, color and national origin), sexual harassment claims, wrongful termination, infliction of emotional distress or stress and breach of contract, among others. The insurance covers claims and lawsuits filed against owners/directors and officers regarding allegations of misconduct in how they treat employees, shareholders and decisions that affected the company.
To put it clearly…it will protect you from your employees on “he said, she said” claims that can’t be proven. This isn’t a required policy but we think it should be. It is the #1 liability exposure across the USA when it comes to the restaurant industry.