If you run a business, chances are that you want to protect against everything that could possibly go wrong. Part of protecting your business is being prepared for claims of sexual misconduct. While you may do your absolute best to only hire the most upstanding individuals and utilize extensive vetting processes, things can and do still happen.
Claims of sexual misconduct can be devastating to a business, both financially, through legal fees and settlements, as well as in terms of its reputation. This is why it is so important to have good sexual misconduct insurance to prepare for the worst-case scenario.
What Is Sexual Misconduct Insurance?
Sexual misconduct insurance is a type of insurance coverage that is designed to protect businesses from the consequences of a sexual misconduct claim. It can address a variety of different costs associated with claims of sexual misconduct.
What Claims Does Sexual Misconduct Insurance Cover?
Sexual misconduct insurance can offer financial protection against a variety of claims. Any claims that are related to sexual misconduct such as claims of sexual assault, claims of molestation, and claims of harassment are covered.
No business wants to find out that sexual misconduct has occurred in their workplace. However, things do happen and it is important to have sexual misconduct insurance to prepare for the worst-case scenario.