Cyber Liability / EPLI Insurance / Directors & Officers

Running a business comes with certain risks and unforeseen expenses. Protect your investments and assets with EPLI and Cyber Liability coverage!

Does your business need Employment Practices Liability Insurance?

If you have employees, there is always the risk of claims. Basic liability insurance does not cover these exposures. While you hope it would never happen, the reality is that one disgruntled worker can put your business at risk if they bring a lawsuit against your business, regardless of the outcome.

EPLI is a type of liability insurance covering claims made by workers who are suing the company for violating their legal rights as employees. It provides a protection for an employer in the event of claims made by employees, former employees or possibly future employees. 

EPLI Risks include:

  • Wrongful termination
  • Discrimination
  • Sexual harassment
  • Negligent employee evaluation
  • Wrongful deprivation of a career opportunity
  • Invasion of privacy

Of course, the best defense against these risks is knowing the laws in your state and having policies and procedures that meet or exceed your legal obligations. Our trained professionals at GracePoint Insurance can help you sort through employee human resources and other compliance issues and help reduce your risk.

Even when you’ve done your due diligence, employees can file lawsuits at any time, at no cost or risk to them, and they win 70% of jury trials. Thus, you want to have a comprehensive EPLI in place before anything happens.

Cyber Liability

Cyber Liability is the risk that is posed by businesses when they store information on the internet or in paper files. Many Georgia businesses may face a cyber liability risk with the information they collect or store and GracePoint Insurance can assist you in finding the options when picking a cyber liability policy.

A breach of your systems and loss of private information is only one type of cyber liability exposure that your business might face. Here at GracePoint Insurance, we understand the cyber threats that you might deal with, even as technologies change and businesses and their users adapt to an increasingly online sharing environment.

Below are some coverage options that you may want to consider for your business:

  • Prior acts coverage
  • Reputation damage expense
  • Forensic specialist expenses
  • Stored paper and electronic data
  • Liability coverage
  • Loss control and mitigation services
  • Business interruption
  • PCI coverage

Affordable Coverage Options for Business Owners in Acworth, Georgia

Avoiding employee lawsuits and the damage from these claims can provide you with peace of mind and better focus for running your business to help you — and your employees — succeed. To learn more about how EPLI insurance can protect your assets and reputation, contact GracePoint Insurance to speak with one of our specialists today!

Additionally, electronic systems and private information security are a major concern for business owners, and GracePoint Insurance can help you find the right policy for your business needs.

With the benefits these policies provide, an EPLI plan and cyber liability policy can be very affordable for most businesses, so contact us today at 678-224-9333.