MLchartDataset catalogue

Wage and hour insurance coverage endorsement

Term · Insurance and risk management · MLC-T-INS-003500

An addition to an Employment Practices Liability (EPL) insurance policy that extends coverage to include defense costs and sometimes indemnity for wage and hour claims. This endorsement is purchased to address the specific risks associated with violations of federal and state wage and hour laws. It typically has its own sublimits and deductibles, reflecting the unique nature of these claims.

Table 1. Record
IdentifierMLC-T-INS-003500
FieldInsurance and risk management
SubjectEmployment Practices Liability
Record as JSON 
{
  "id": "MLC-T-INS-003500",
  "term": "Wage and hour insurance coverage endorsement",
  "field": "Insurance and risk management",
  "definition": "An addition to an Employment Practices Liability (EPL) insurance policy that extends coverage to include defense costs and sometimes indemnity for wage and hour claims. This endorsement is purchased to address the specific risks associated with violations of federal and state wage and hour laws. It typically has its own sublimits and deductibles, reflecting the unique nature of these claims.",
  "subject": "Employment Practices Liability",
  "url": "https://mlchart.com/terminology/insurance/wage-and-hour-insurance-coverage-endorsement/"
}

Record 3,606 of 3,708 in Insurance and risk management terminology (MLC-0106). Request the full dataset.