Capital Insurance Group Adds EPLI Coverage to Business Owner Policies

March 7, 2014

Capital Insurance Group (CIG) has expanded its employment practices liability insurance (EPLI) option to include business owner policies (BOP). The expanded policy option offers protection for organizations with up to 250 employees with a limit of $1 million. Organizations with 50 employees or less are covered up to $250,000 and are not required to submit an application. CIG EPLI also provides complementary resources, including “best practices” information, a legal advice hotline and ‘optional third party coverage.

If a business owner has or is considering hiring employees, they are exposed to risk and should protect themselves,” said Ken Stewart, CIG Commercial Lines director. “Our EPLI provides broad coverage and helpful loss prevention information. If a claim or allegation arises, we offer full prior acts protection and the added enhancement of legal counsel for our clients. Any litigation process can be unpleasant, but having EPLI coverage can mean the difference between bouncing back and shutting your doors.”

EPLI provides protection for an employer against claims made by existing, former or prospective employees and covers a wide span of employment-related allegations. Third party coverage is also available and includes by definition “tenants” as third parties. The CIG product also provides full prior acts protection for liability and defense costs arising from employee lawsuits alleging:

  • Wrongful termination
    • Disciplinary actions, negligent evaluations
  • Harassment
    • Sexual, slander and/or libel, emotional distress or stress
  • Discrimination
    • Failure to employ, deprivation of opportunity and others

CIG also provides access to free resources, like model employee handbooks, training modules, and information documents on relevant, new legislation, that help small businesses mitigate risk and utilize sound employment practices. EPLI coverage for BOP and for the existing Commercial Package policies are now available in Arizona, California, Nevada, Oregon, and Washington.

CIG is a regional property and casualty insurer serving the Western U.S. since 1898. CIG insures personal auto, homeowners, farmowners, condo owners, vacation property, renters, apartment building owners, and many kinds of commercial and agricultural auto and property. CIG manages personal, business, and agriculture risks underwritten by its affiliate companies: California Capital Insurance Co., Eagle West Insurance Co., Nevada Capital Insurance Co., and Monterey Insurance Co. Types of policies may vary from state to state.

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