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The Employment Practices Liability (EPL) policy complements Victor’s other insurance policies and features broad coverage in an easy-to-understand policy wording. The policy was designed with straight-forward language on a suits-in-Canada-only basis. In addition, Victor can address the needs of companies with moderate U.S. and foreign exposure by endorsing the policy to expand the coverage to a worldwide format.
Eligibility
The EPL policy is designed for both private and publicly traded companies as a stand-alone coverage. The following provides a sample of businesses that are eligible for this insurance:
- Retail
- Professional services
- Technology
- Crown corporations
- Health care
- Financial
- Media
- Industrial
Coverage Details
- Policy Form – Claims-made and reported
- Policy Period – Annual and two-year policies
- Capacity – Limits from $250,000 to $10,000,000
- Territory – Suits brought in Canada only (worldwide coverage available by endorsement)
Policy Features
- Right and duty to defend any claim for monetary or non-monetary relief
- Clear pay on behalf language. Simple easy-to-read policy
- Zero deductibles for qualifying risks
- Full entity coverage
Submission Requirements
- A completed Victor Employment Practices Liability Insurance application form
- For renewals: Employment Practices Liability Insurance renewal application form