Ted 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?

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Employment-related practices liability insurance (EPLI) is designed to cover claims made by employees against their employer for wrongful termination, failure to promote, discrimination, sexual harassment, and other related issues. EPLI provides coverage for legal fees, settlements, and judgments. While workers compensation insurance (A) only covers injuries and illnesses sustained on the job, employer liability insurance (B) typically covers claims related to workplace accidents. Directors and officers liability insurance (D) specifically covers claims made against the company's directors and officers, not necessarily claims related to employment practices.

Ted Is Risk Manager of XYZ Company