There are a lot of things that small businesses simply can’t afford to take advantage of.  On the flip side, an EPLI is something that small businesses can’t afford to skip out on.  The Equal Employment Opportunity Commission (EEOC) is the federal agency that monitors employment discrimination.  EEOC is now growing everywhere.  In fact, in 2012, the EEOC received more than 99,412 private-sector discrimination charges, up from 2009, when charges totaled 93,000 and represented the second-highest level in two decades.

There’s no doubt in everyone’s mind that employment claims aren’t likely to disappear any time soon.  The previously amended American with Disabilities Act (ADA) recently expanded the number of people covered under the Act.  This creates a significant domino effect.  As our population ages at a faster rate, more employees than ever will be protected by the ADA.  With other economic, political and social changes in the offing, your organization simply can’t afford to operate without Employment Practices Liability Insurance (EPLI).

What does this mean for your small business?

For smaller companies, in particular, one of the advantages of buying coverage is the risk management assistance most EPLI carriers provide.  Brazelton Insurance Group can help reduce your risk by reviewing your current employment policies, if you have them, or helping you develop them if you don’t currently have any.