Purchasing a business insurance policy that is appropriate for your company in Bethlehem, PA can seem complicated. There are many different factors that you may want to consider, including the possibility of facing a lawsuit if you fire an employee. Any business that hires employees should consider purchasing a business insurance policy with employment practices liability protection.

What is Employee Practices Liability?

Although liability protection is necessary for most companies, it may not be necessary to purchase a plan with employee practices protection. The liability plan is designed to address concerns associated with the termination of employees for any reason.

The reason that you may want the protection is related to discrimination laws. The plan is designed to address particular concerns regarding lawsuits when your employees decide that they have been wrongfully terminated due to discrimination or a similar concern.

Protecting Your Company

Business insurance is designed to address the concerns of your company, so it is important to select a plan that addresses several problems. If you do not have any employees or do not plan to hire employees in the near future, then it may be possible to wait on an employee practices liability plan.

Any time that you have hired employees, you want to take measures to protect your company and your workers. Depending on the nature of your business and the services that you provide, the best type of plan to address your concerns may vary.

Taking measures to protect your company means that you may need to purchase some liability protection. Protecting your company from discrimination or wrongful termination lawsuits will require some protection in the form of employee practices liability. Contact us to talk to an independent agent for more information about business coverage and the plans that may be appropriate for your company.