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Products February 11, 2008
AIG Offers Liability Insurance to Small Businesses
February 11, 2008 (PLANSPONSOR.com) - AIG Small
Business has announced the availability of a new insurance
product designed to cover the defense costs of employment
practices liability (EPL)-related lawsuits brought against
companies with 25 or fewer employees.
Reported by Rebecca Moore
EPL Defense Shield provides legal expense coverage for the wide variety of claims commonly brought by employees, and the policy covers the company and the individuals typically named in these suits, including directors and officers, full- and part-time employees, temporary and seasonal workers, and past, present, and future employees, according to a press release.
“EPL Defense Shield is designed to help protect small businesses from litigation risk,” said Vincent C. Tizzio, President of AIG Small Business, in the release.
For more information on EPL Defense Shield, contact Tom Fioretti, Executive Vice President, AIG Small Business Field Operations & Distribution, at 908-679-3234, or e-mail aigsbinfo@aig.com .
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