Archived Insight | December 16, 2020

Workplace Violence Insurance: Preparing for the Worst

Threats of violence seem to be increasingly common today. Common situations are often the triggers for violent acts as well as serious threats. While the risk is generally relatively low, the fallout should an incident occur can be devastating for the employer and more so for the employees – affecting those directly involved as well as those on the periphery who now feel unsafe.

workplace violence insurance

Our broker on what you can do about workplace violence

What employers can do

Employers have a certain level of responsibility to ensure the safety of employees as well as other visitors to the workplace. Unfortunately, many employers are unprepared when an incident occurs.

A program of preparation should include workplace policies and procedures as well as staff training. It should also involve lining up specific insurance coverage that offers financial reimbursements to the organization, the people who work there and guests. It should also cover professional resources as needed.

Comprehensive policies should include coverage for:

  • Crisis management and public relations services
  • Mental health specialists
  • Independent forensic analysts
  • Victim employees’ salaries and replacement employees’ salaries
  • Medical, cosmetic, mental health and dental expenses of victims
  • Expenses related to dealing with a threats
  • Other related services and property protections

We can help you choose a policy that fits your needs and addresses your risks.

Interested in a solution tailored to your specific needs?

Choosing the right workplace violence insurance can feel daunting, but our professionals can help guide you to the coverage that your organization needs. Reach out and start a conversation today.

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This page is for informational purposes only and does not constitute legal, tax or investment advice. You are encouraged to discuss the issues raised here with your legal, tax and other advisors before determining how the issues apply to your specific situations.