Argo’s 12 Days of Insurance: Employment Practices Liability

Argo’s 12 Days of Santa’s Insurance: Employment Practices Liability

While it’s hard to imagine Santa’s elves suing their jolly employer, it would be smart for Santa to have the right insurance coverage in place, just in case.

Day 4 Employment Practices Liability Argo's 12 Days of Santa's insurance

Here’s what Santa should know about an employment practices liability policy through Argo Pro:

The policy would protect against lawsuits by elves claiming wrongful termination, harassment or poor working conditions.


The annual premium would likely range between $10,000 and $15,000, with limits of $1 million to $5 million for small to mid-size companies.


He’s likely a good risk, which means a lower premium. “The elves have a happy, healthy work environment,” said Rich Edsall, senior vice president, commercial management liability at Argo Pro.


The employee handbook, loss history, Santa’s termination procedure, and human resources practices would be reviewed before the policy is written.