EPLI
Business & Finance abbreviation · Insurance
| Stands for | Employment practices liability insurance |
|---|---|
| Categories | Business & Finance |
EPLI stands for Employment practices liability insurance, an insurance abbreviation.
Coverage for claims by employees or job applicants alleging discrimination, harassment, wrongful termination, retaliation or other violations of employment rights, including defense costs and settlements.
Example: After two harassment complaints in a year, the board added EPLI to the insurance program.
Usage notes
Most EPLI policies exclude or limit wage-and-hour claims such as unpaid overtime. Coverage for claims by customers or vendors, called third-party coverage, can usually be added. Even small employers face employment lawsuits, which makes EPLI a common add-on to a business owner's policy.
Related abbreviations
More insurance abbreviations
- DOL – Date of loss
- DP-3 – Dwelling property 3 special form
- E&O – Errors and omissions insurance
- E&S – Excess and surplus lines
- EL – Employers' liability insurance
- EOI – Evidence of insurance
- FIA – Fixed indexed annuity
- FNOL – First notice of loss
- FPI – Force-placed insurance
- FR-44 – FR-44 certificate of financial responsibility
- GAP – Guaranteed asset protection
- GL – General liability insurance