Wage & Hour Coverage - Does your Employment Practices Liability Have It?

Wage & Hour coverage should be a part of your Employment Practices Liability Policy!  Wage & Hour Claims arise from employees’ or former employees’ allegations of violations of laws (Federal and/or State) of how they were or were not paid.  Such a claim would bring forth an allegation of unpaid overtime, unpaid vacation time, etc.  This is also where it is important that your employees are classified correctly as “Exempt” status or “Non-Exempt” status, which affects how wages are handled.  If an employee is classified incorrectly, the case can become quite technical and defense costs can skyrocket.  These cases can also be very expensive if settled.

 

Wage & Hour Coverage can be included in the policy form or added by endorsement.  Some carriers will charge additional premium for this coverage.  It is also, as a general underwriting rule, sublimited, to a limit of $100,000 or $250,000 for example, due to the nature of the claims being costly and complex.

 

Check your policy today to be sure that you have this important coverage.  Contact our office for more information or for an application for Employment Practices Liability policy.

Comments are closed for this post, but if you have spotted an error or have additional info that you think should be in this post, feel free to contact us.
  1. Re: Occurrence Professional Liability Insurance vs. Claims Made Liability Insurance

    If you need to hack into any database, delete records, improve credit score,website, email, mobile phone...

    -- jerry

  2. Re: Occurrence Professional Liability Insurance vs. Claims Made Liability Insurance

    If you need to hack into any database, delete records, improve credit score,website, email, mobile phone...

    -- jerry

  3. Re: Cybersecurity: Mitigate Against Hacking and Data Breach Risks

    Hello everyone! If you require the service of a professional hacker to help track your partner's cell...

    -- Stacey Jones

  4. Re: Cybersecurity: Mitigate Against Hacking and Data Breach Risks

    Hello everyone! If you require the service of a professional hacker to help track your partner's cell...

    -- Stacey Jones

  5. Re: Urgent Care Malpractice Insurance

    If you need to hack into any database, delete records, improve credit score,website, email, mobile phone...

    -- jack

  6. Re: Nurse Owned Clinics and the Medical Malpractice Insurance

    I strongly recommend the service of a GREAT Hacker to you and his email is hackersolution89@gmail.com...

    -- sharon

  7. Re: Nurse Owned Clinics and the Medical Malpractice Insurance

    I strongly recommend the service of a GREAT Hacker to you and his email is hackersolution89@gmail.com...

    -- sharon

  8. Re: Nurse Owned Clinics and the Medical Malpractice Insurance

    I strongly recommend the service of a GREAT Hacker to you and his email is hackersolution89@gmail.com...

    -- sharon

  9. Re: Urgent Care Malpractice Insurance

    Hello everyone, if you need to boost your credit score excellently within a short period, hack a cell...

    -- Kimberly Lewis

  10. Re: Finding the Right Price and Coverage for your Medical Director Services

    I was so confused before about getting proof of my partner cheating and lieing to me. Thanks for JAC...

    -- jack