AIG Private Client Group Offers EPLI to Domestic Help Employers

January 8, 2002

American International Group Inc. (AIG) announced that AIG Private Client Group, a division of the American International Companies, is offering employment practices liability coverage to protect individuals against allegations of sexual harassment, wrongful termination and discrimination made by nannies, housekeepers, gardeners, personal assistants and other domestic help employed by the insured.

According to a Business Wire report, while employment practices liability insurance, first introduced by the AIG member companies, has been an important coverage for businesses for many years, AIG Private Client Group is now pioneering the application of this coverage to address the employment practices exposures being faced by high net worth individuals.

The employment practices liability coverage is offered automatically to AIG Private Client Group excess liability policyholders. The policy provides coverage of up to $250,000 for settlements and judgements awarded as a result of employment-related allegations, as well as the full cost of defense. Coverage is provided for up to five employees, including part-time employees, working more than 15 hours a week.

In addition to employment practices liability coverage, AIG Private Client Group excess liability policyholders also obtain Employment CrisisFund™, which provides up to $25,000 to cover the fees of an approved public relations firm to aid policyholders minimize damage to their reputation. In addition to employment practice liability coverage, AIG Private Client Group offers families with private staff more protection through workers’ compensation insurance and access to pre-employment background checks.

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