Employment-related practices liability policy (ERPL)
Term · Insurance and risk management · MLC-T-INS-001309
An insurance policy that protects employers against claims made by employees alleging wrongful acts in the employment context. This coverage is essentially synonymous with Employment Practices Liability Insurance (EPLI), addressing risks such as discrimination, wrongful termination, sexual harassment, and retaliation. It typically covers legal defense costs and any resulting judgments or settlements, subject to policy terms and exclusions.
| Identifier | MLC-T-INS-001309 |
|---|---|
| Field | Insurance and risk management |
| Subject | Employment Practices Liability |
| Abbreviation | ERPL |
Record as JSON
{
"id": "MLC-T-INS-001309",
"term": "Employment-related practices liability policy (ERPL)",
"field": "Insurance and risk management",
"definition": "An insurance policy that protects employers against claims made by employees alleging wrongful acts in the employment context. This coverage is essentially synonymous with Employment Practices Liability Insurance (EPLI), addressing risks such as discrimination, wrongful termination, sexual harassment, and retaliation. It typically covers legal defense costs and any resulting judgments or settlements, subject to policy terms and exclusions.",
"abbreviation": "ERPL",
"subject": "Employment Practices Liability",
"url": "https://mlchart.com/terminology/insurance/employment-related-practices-liability-policy-erpl/"
}
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