WORCESTER, Mass., Oct. 23 /PRNewswire/ -- The Hanover Insurance Group,
Inc. (NYSE: THG), a leading super regional property and casualty company, is
now including Employment Practices Liability Insurance (EPLI) coverage as an
endorsement to every eligible new and renewal Avenues(TM) Business Owners
Policy (BOP).
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The Hanover has included EPLI in its Avenues BOP to help protect small
businesses against the growing number of employee allegations of sexual
harassment, job discrimination, and wrongful termination. The EPLI coverage is
designed to help businesses with 25 employees or less, who traditionally can't
afford to purchase a stand-alone EPLI policy.
The addition of EPLI reflects The Hanover's commitment to the small
commercial marketplace and providing agent partners with innovative,
market-driven products that can help them grow their businesses.
The EPLI coverage highlights include:
* Protection for the entity, owner and partners
* Coverage for sexual harassment, job discrimination, and wrongful
termination claims made by full-time, part-time, seasonal and temporary
employees
* Coverage on a claims-made basis (does not cover prior acts, known acts
or criminal acts)
* Defense within the limits of liability on a duty to defend basis
* The ability for small businesses to choose between the standard EPLI
limit of $25,000, or opt for a larger limit of $100,000 or $250,000
(state specific guidelines for limits and deductibles apply)
"Even if a small business takes precautionary steps to protect itself, it
is nearly impossible to eliminate the possibility of employee-related
lawsuits," said David Firstenberg, president, commercial lines at The Hanover.
"We are including EPLI in our Avenues BOP to help our agent partners offer an
affordable way to protect their clients against such suits."
Customers will have an option to waive EPLI coverage when purchasing or
renewing an Avenues BOP.
Avenues BOP is part of The Hanover's small commercial platform, which
allows agents to easily quote and, in many instances, issue BOP, commercial
auto, umbrella, and workers' compensation policies, and complete endorsements
online.
To further meet the needs of the company's independent agent partners and
their policyholders, The Hanover offers value-added services including
experienced EPLI claims specialists and a loss prevention program.
About The Hanover
The Hanover Insurance Group, Inc. (NYSE: THG), based in Worcester, Mass.,
is the holding company for a group of insurers that includes The Hanover
Insurance Company, also based in Worcester; Citizens Insurance Company of
America, headquartered in Howell, Mich., and their affiliates. The Hanover
offers a wide range of property and casualty products and services to
individuals, families and businesses through an extensive network of
independent agents, and has been meeting its obligations to its agent partners
and their customers for more than 150 years. Taken as a group, The Hanover
ranks among the top 35 property and casualty insurers in the United States.
CONTACTS:
Investor Relations Media Relations
Sujata Mutalik Amy Lynn Baneksmutalik@hanover.comabanek@hanover.com
(508) 855-3457 (508) 855-4486
SOURCE The Hanover Insurance Group, Inc.
Contact: Sujata Mutalik, Investor Relations, +1-508-855-3457, smutalik@hanover.com, or Amy Lynn Banek, Media Relations, +1-508-855-4486, abanek@hanover.com, both of The Hanover Insurance Group, Inc.