Employment Practices Liability Insurance (PDF download) by pengxuezhi


									It’s your business...Protect it.
Your employees are your greatest asset.
You know and trust your employees. You expect your
employees to work hard to help grow your business. But it
doesn’t always work out.

They are also your greatest threat for lawsuits.
You may have to make that tough call to fire an employee.
Or an employee may get angry and quit —and sue you.
There are many laws in place to protect employees and
many law firms dedicated to employee litigation. The cost
can be in the millions, even for a small business.

Are you insured to best protect you and your
You have worked hard to build your business. Protect
it with Employment Practices Liability Insurance from
ABA Insurance Services and XL Insurance—a complete
package of coverage and services designed to protect you
and your business from employment-related lawsuits and
to help prevent claims.

                                                                                                                                                                       Employment Practices
                                                             Employment Practices Liability Insurance
                                                             Serviced by ABA Insurance Services Inc.                                                                   Liability Insurance
                                                                                                                                                                       Serviced by ABA Insurance Services Inc.

                                                             Contact your independent agent or broker                                                                  Designed to protect your business
                                                             for more information.                                                                                     from employee lawsuits

                                                            “XL Insurance” is the global brand used by XL Group plc’s (NYSE:XL) insurance companies.
                                                            Coverages are underwritten by Greenwich Insurance Company, an XL Global company. Coverages
                                                            not available in all jurisdictions. Formerly a division of Progressive, ABA Insurance Services Inc. is a
                                                            managing general underwriter and the exclusive service provider of Employment Practices Liability
                                                            Insurance from XL Insurance for small businesses.                                               (06/10)
Employment Practices Liability Insurance from ABA Insurance Services and
XL Insurance offers broad coverage to businesses like yours at affordable prices.

You need protection.                                               You need EPLI from ABA Insurance Services
Today, more businesses like yours are being hit with               and XL Insurance.
employment lawsuits. You are more likely to have an
                                                                   Formerly a division of Progressive, ABA Insurance Services
employment claim than a property or general liability claim.
                                                                   is now an independent program manager offering important
Claims can be brought by employees, applicants, customers
                                                                   protection for your company exclusively through your
or clients alleging harassment, discrimination or other
                                                                   independent agent or broker.
allegations against your business.
                                                                   XL Insurance is an “A” rated (A.M. Best) insurance carrier,
Can you afford a costly payout or expensive lawsuit?
                                                                   specializing in coverages for businesses like yours.
Few small businesses can afford the high costs associated
with an employment claim.                                          With the combined strength of ABA Insurance Services and
     — FACT: The median jury award in employment                   XL, we can provide you with:
                cases was $327,000 in 2008.                            — Affordable premiums
     — FACT: Typical attorney fees, if an employment
                                                                       — Specialized coverage to protect you as an employer
                case settles prior to trial, are $100,000.

                                                                   Legal consultation services and HR
— CONSIDER THE TYPICAL DEFENSE COSTS—                              materials available to you free of charge.                                                               Ask your independent agent or broker for
Administrative Charge Against your Business
  Defense of an Equal Employment     $4,000 – $7,000
                                                                   The nation’s leading employment law firm, Littler Mendelson,                                             a quote today.
  Opportunity Commission or                                        P.C., provides a variety of legal services free of charge,                                               By simply providing the following information to your
  Administrative Charge.                                           including:                                                                                               independent agent or broker, they should be able to provide
Lawsuit Filed Against your Business                                    — Confidential consultation with a Littler Mendelson                                                 you with a quote within a few minutes.
  Answer to lawsuit filed.          $12,000 – $18,000                         attorney via toll-free hotline.                                                                   — Number of employees.
  Begin discovery of evidence.
                                                                       — Online access to a sample employee handbook with                                                       — Terminations and layoffs as a percentage of your
  Pretrial filings and preparation   $20,000 – $30,000
  These include additional motions                                            recommended policies and procedures, and legally                                                      workforce.
  and responses, excessive document                                           compliant employee forms and documents that
  analysis and review, written case                                           include employment applications, offer letters, I-9                                               — Claims or threats of claims by employees within the
  evaluations or status reports, and                                                                                                                                                last three years.
                                                                              guidelines, performance evaluations and termination
  settlement-related matters.
                                                                              checklists.                                                                                       — Confirmation of written employee policies, including
  Mediation                              $10,000 – $15,000
                                                                       — Employment law news alert via e-mail.                                                                      anti-discrimination and harassment policies.
  Motion for summary judgement filed      $8,000 – $12,000
  Includes reply brief.                                                                                                                                                         — Current Employment Practices Liability Insurance.
  Trial                                  $15,000 – $25,000
    AND, if you do not prevail in trial, you can incur                                                                                                                                                      It’s that simple.
      significant costs of a verdict against you.                      1. Jury Verdict Research Employment Practice Liability: Jury Award Trends and Statistics, 2009 ed.

                                                                       2. ABA Insurance Services’ survey of employment cases.

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