I’ll be covering the numbers of employee lawsuits. Learn which industries have the highest litigation risks and whether your business should purchase an Employee Practices Liability (EPL) insurance policy.
Here’s What the Numbers Say
Let’s throw some statistics around.
The Insurance Journal found that only a quarter of companies who could benefit from an EPL policy actually purchase one. Unfortunately, many employers believe they’re not at risk for a lawsuit. But if you plan on being in business for at least five years, you can expect to face a lawsuit at some point.