Are You Protected?
Do you have an EPLI / Discrimination Policy? - IF NOT - your business insurance and Work Comp DO NOT cover ANY of the above!
If you do have an EPLI policy - WHAT does it cover? for how much? The coverage for these policies VARIES WIDELY - some are very comprehensive and some provide VERY LIMITED protection. KNOW what you have: - KEY questions to ask:
- Does your policy cover "Third Party"? ( customers, vendors etc)
- Does your policy cover "WAGE & HOUR" Violations?
- Does it protect you against Immigration (ICE) investigations?
- How much coverage? - is it $50,000 or $2,000,000? - this is generally EXCLUDED from your commercial Umbrella!
- Do you have protection for "Prior Acts?"? if so - how far back?
- What is your deductible / participation rate? (I have seen "covered claims" cost insured over $100,000 out of pocket)
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The key here is to KNOW what your exposure is before an unexpected accusation (you DO NOT have to be guilty of anything for this to cost you a fortune) ruins your company
Give us a call @ - 1-888-945-1495 Ext 101 or visit us at www.iseinsurance.com/about.aspx To learn more about how we can help you protect your business>