Client did not carry Employment Practices Liability Insurance to protect themselves from wrongful termination and sexual harassment claims.
Box was persistent and presented this problem over 7 consecutive years with pricing solutions each year. Box also required insured to sign off that they were rejecting this counsel. Finally after 7 years, owner gave in and purchased the coverage and followed Box advice.
The very next year the client was sued for $200,000 for wrongfully terminating an employee over jury duty. The fact was they terminated them for poor performance. The Insurance Company provided excellent defense and was able to have the case dismissed without significant cost. This policy not only provided coverage, but expert employment law attorneys to handle the case.
“Dustin, thank you for making me buy this coverage.”