Employment Practices Liability Coverage

Another form of liability coverage is employment practices liability small business insurance, a coverage that more and more companies are starting to carry, with premiums exceeding $2,000 annually for $1 million coverage policies.

Small businesses may not need employment practice liability coverage, but as the company grows, it may be wise to add this, considering the threat of wrongful termination or sexual harassment lawsuits – two items often excluded in most small business insurance policies.

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