Employment Practices Liability Insurance NZ

What is Employment Practices Liability Insurance?

Employment practices liability insurance (EPL insurance) protects your business against claims made by employees regarding workplace issues. With employment-related claims on the rise in New Zealand, this insurance provides essential protection for businesses of all sizes.

Even with good HR policies and practices, businesses can face claims from current, former, or prospective employees. This insurance covers legal defence costs and any damages awarded, helping protect your business financially and reputationally.

What Does It Cover?

• Wrongful dismissal
• Discrimination (age, gender, race, disability, etc.)
• Sexual harassment
• Bullying and harassment
• Unfair constructive dismissal
• Failure to promote or hire
• Legal defence costs
• Settlement and compensation costs

Who Needs Employment Practices Liability?

Employment practices liability insurance is essential for all New Zealand businesses with employees:

• • All businesses with employees
• • Contractors and freelancers
• • Small businesses with few employees
• • Large corporations
• • Not-for-profit organisations

Typical Costs

Employment practices liability insurance costs vary based on your industry, number of employees, and risk profile. Typical costs start from:

• • Small business (1-10 employees): From $800/year
• • Medium business (11-50 employees): From $1,500/year
• • Large business (50+ employees): From $3,000/year
• • High-risk industries: From $2,000/year