Business Practices For Which You Will Be Thankful
A California Business Insurance Update
One of the best things a business owner can do to protect his or her business, is to have a business insurance program that covers your business in the best way possible. Your business insurance program should include Employment Practice Liability, and Directors and Officers Liability insurance. These coverage’s can often be bundled together through a management liability policy.
Employment Practices Liability (EPLI)
EPLI insurance provides coverage for claims involving employment harassment and discrimination in the employee/employer relationship. Examples of these kinds of claims are wrongful dismissal/termination, sexual/racial/disability harassment, sexual/racial/disability/religious discrimination, employment related libel, slander, defamation and invasion of privacy, wrongful failure to employ or promote, and retaliation.
Directors and Officers Liability
Directors and Officers Liability insurance protects your business, owners, executives, and managers, if individuals, competitors, or third parties make a claim for damages. If your business causes financial loss to a third party, your directors can be sued. Directors and Officers insurance is an effective solution for the risks facing organizations. Directors and Officers Liability Insurance will cover administrative, civil, and regulatory proceedings based on actual or alleged acts, errors, omissions, misstatements, neglect, or breach of duty committed by, or allegedly committed by, a director or officer while acting within the scope of their duties.
No matter what business you’re in, each workday is dedicated to doing your job well and providing your customers with the best service possible. Berry Curtis Insurance would like to return the favor by giving you the coverage you need to ensure the security of your business.