CAMICO’s Employment Practices Liability (EPL) insurance provides CPA firms with comprehensive defense and indemnity coverage for full-time, part-time, and contract workers. While large firms suffer the greatest financial losses, smaller firms have significant exposure as well. CAMICO’s EPL insurance protects against claims resulting from allegations of discrimination (based on age, race, sex, disability, wage, etc.), wrongful termination, sexual harassment, and retaliation.


Features and Highlights

  • Broad definition of Employment Practices includes discrimination or harassment (including sexual), wrongful refusal to employ, wrongful failure to promote, wrongful demotion, wrongful termination and employment related misrepresentation
  • Third-party claimant provision protects the CPA firm in the event an allegation is made against the CPA’s employee while on-site with the client
  • Pre-claims expenses such as attorney fees are not charged against the deductible or limit of insurance
  • 50% reduction in deductible (up to $50,000) for early reporting of a potential claim, or use of mediation

Options

  • Coverage for independent contractors

Limits

  • Up to $1 million

HR Consulting Services and Resources

  • Unlimited telephone and email consulting services
  • Online resources
  • Available HR management policies, procedures and forms
  • Employee handbooks
  • Educational opportunities on HR topics