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Employment Practices

Employment Practices Liability Insurance can minimise the risks and financial loss if claims are taken against you by employees
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Extensive Employment Practices Liability Insurance

Employment practices liability insurance can assist employers in minimising the risks and financial loss if claims are taken against them by any employees, past or present. These claims can include but are not limited to unfair dismissal, workplace harassment, and discrimination. Legal claims can result in severe financial losses and significant damage to an employer’s brand or public reputation. Even if your business is found not guilty of an employment practices related offence, there can still be excessive costs to defend the case legally. Insuranet can assist you in determining the risks facing your company and covering the associated costs.
At Insuranet, we take the time to gain a holistic understanding of your business and build a customisable policy for you that will ensure you are adequately insured. Our team aims to work alongside your business and provide risk management and insurance solutions that can provide you with security for the future.

If you’re unsure about Employment Practices insurance or have any questions, contact the Insuranet team today. We can explain the policy, how it can be tailored to you, and any possible exclusions.

Answering all your frequently asked questions

What does Employment Practices Liability Insurance cover?
Employment Practices Liability insurance can differ depending on the size of the company, how many employees you have, and a myriad of other factors. It can include coverage claims brought by employees, temporary workers, contract workers, and anyone else employed. This policy typically covers legal claims for- Workplace defamation Bullying Discrimination Harassment Unfair dismissal
Do I need Employment Practices Liability Insurance cover?
This policy is vital for any business that may be at risk of human resource errors or mismanagement. With employment laws constantly changing, the likelihood of employment law breaches is always rising. Therefore, it’s imperative that your business considers the risks and takes appropriate measures to protect your company.
Who should get Employment Practices Liability Insurance?
Whether you’re a small, medium, or large business it’s worth considering Employment Practices Liability Insurance. Every company is unique and will have to take its own risks and the different attributes of its business into consideration when choosing an EPL policy. Some factors that can influence your decision can include the number of employees, company structure, and HR policies. Industries such as retail, restaurants, professional services, sales, manufacturing, and hospitality could benefit from EPL policies.
What isn’t included in EPL Insurance?
Every policy can include exclusions and limitations. These can be discussed with your broker before you begin the policy. It’s important to check in with your Insuranet broker to discuss any exclusions, deductibles, and limitations of your policy.

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General Advice Warning: Please be aware that any advice that may have been given or implied is general advice only. We have not taken into consideration your individual needs, objectives or financial requirements. Before deciding to purchase a financial product, you should consider the appropriate Product Disclosure Statement to ensure the product is suitable for your needs.

Ausure Insuranet Pty Ltd ABN – 79 653 099 524 is an Authorised Representative of Ausure Pty Ltd – ABN 94 096 971 854 AFSL 238433

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