All business owners hope they will never have to face the financial and emotional devastation of a sexual misconduct claim. Unfortunately, claims of sexual misconduct are not uncommon and can happen in any business. On average, there are 15 new claims of sexual misconduct every month and there are roughly 150 sexual misconduct claims pending at any given time.
Sexual Misconduct Claims Can Be Devastating To A Business
If your business faces a claim of sexual misconduct, you can expect long legal battles and extremely expensive settlements, not to mention the extreme stress that comes with dealing with this type of situation. All these factors can be enough to devastate even the most established business.
Insurance Can Help You Handle Claims of Sexual Misconduct
Sexual misconduct insurance can be a huge help when it comes to dealing with a sexual misconduct claim. It can help pay for legal fees and even settlements associated with sexual misconduct.
How Much Does Sexual Misconduct Insurance Cost?
The cost of sexual misconduct insurance can vary widely and is determined by a number of factors. Some of these factors are your location, the size of your business, and your claim history.
Sexual misconduct claims can devastate a business. Having the right insurance can make a world of difference.