Your Employee Is Late Again - Why Every Business Owner Should Buy EPLI
Many agents and their customers tend to equate Employment Practices Liability Insurance with discrimination, sexual harassment and wrongful termination claims. After all, these nightmare scenarios are why most small businesses buy EPLI coverage.
While reviewing the usage statistics from our EPLI loss control services for a client publication, we discovered another very good reason to purchase EPLI coverage. Many EPLI policies, our program included, include a free Law Firm Hotline and "Virtual HR" website available to all policyholders. In reviewing the usage statistics for these benefits, this caught my attention:
One of every four Hotline calls involved Employee Leaves and Attendance issues
It was no surprise that another 25% of Hotline calls touched on Termination or Unemployment Benefits - this is to be expected after a severe recession. A slightly lower amount related to Discrimination or Sexual Harassment - again, no surprise. But Employee Leaves and Attendance?
Employers called the Hotline lawyers for help on everything from family leaves to chronic lateness. These are the everyday issues that arise in all workplaces, whatever the size, location or industry. Managers everywhere have had to deal with excessive absences, leaves or tardiness at some point in their careers. Complex family medical leave and disability laws make this a certainty in today's world.
The big takeaway for me is that small business owners used EPLI services for handling everyday employee issues and not just high profile scenarios. That finding put a new spin on the value of EPLI and loss control services.
So, when agents explain to customers why EPLI coverage is important, they have another benefit to convey - free loss control help with the challenges most likely to confront the small business owners they assist. And for the best help available, be sure that the EPLI policy comes with a Hotline and Website supported by experienced specialists in employment law.
For many small businesses, the free EPLI benefits are worth the price of a policy. And if your customer doesn't have an EPLI policy yet…well, better late than never.