Ted Thomas is risk manager of XYZ Company.He is concerned his company might be sued by current or former employees alleging wrongful termination,failure to promote,racial or gender discrimination,or sexual harassment.What type of liability insurance can Ted purchase to cover these types of claims?

Question

Quizplus · Accepted Answer

Employment-related practices liability insurance specifically covers claims related to wrongful termination, discrimination, and harassment in the workplace. Workers compensation insurance only covers injuries or illnesses suffered by employees on the job, employer liability insurance may cover some aspects of employment-related claims but may not specifically cover discrimination or harassment, and directors and officers liability insurance covers claims related to the actions or decisions of the company's directors and officers, which may not be directly relevant to these types of claims from employees.

Ted Thomas Is Risk Manager of XYZ Company