Question

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

Answer 1

Answer: Employment-related practices liability insurance

Step-by-step explanation:

Employment practices liability is a law that deals with wrongful termination, discrimination, sexual harrassment issues, invasion of privacy, breach of contracg, work time violations.

This rule was introduced to help employees to be able to have a say when being abused by their employers and also to help employees not to ride on employees but respect their choice of working for them, failure to do so on the side of each party would draw this law into action.