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FOR IMMEDIATE RELEASE
Marble Institute Offers Members Employment Practice Liability Insurance Program Through Schechner Lifson
CLEVELAND, OH, June 22, 2009 The Marble Institute of America (MIA) is pleased to announce a new member benefit by offering an employment practice liability insurance (EPLI) program. This program, administered by industry insurance leader Schechner Lifson Corporation (SLC), offers coverage in the event of a wrongful termination, age discrimination, sexual harassment, & other employee/employer issues for MIA member firms in the U.S. at discounts much lower than other national programs.
“Programs similar to this one typically cost a company over $2500 annually. We will be able to offer MIA member companies comparable coverage starting at $800 which can result in a sizable savings,” indicated SLC President, Marc Rosenkrantz. He added, “All companies have exposure to employment claims. This program provides great value at an extremely low cost.”
Program benefits include:
- Coverage: $1,000,000 limit.
- Low Cost Premium: typically around $800 (most other policies cost over $2500)
- Toll-free loss assistance hotline: two free hours of legal consultation with a knowledgeable attorney on any matter that could potentially result in a claim.
- Prevention resources: loss control information for company handbooks and other information to help prevent claims.
- 3rd party exposure: coverage is provided when the claim results from 3rd party exposure on an installation or jobsite (e.g. employee could potentially harass or discriminate against a customer).
“Over the years, SLC has made a real commitment to the stone industry by supporting industry initiatives, education, and finding insurance solutions for stone companies,” indicated Jeff Handley, MIA member relations manager. He added, “We are pleased to add this new member benefit, which for many will more than pay for their annual membership dues in savings.” The MIA now offers discount savings programs on collections, credit card transactions, office supplies, lead referrals, shipping, and utility costs.
For more information about this program, contact Marc Rosenkrantz at Schechner Lifson Corporation at 800-279-9368 or marcr@slcinsure.com. You can also learn more at: http://www.marble-institute.com/membership/services.cfm.
About the Marble Institute of America
For 65 years, the Marble Institute of America (MIA) has been the world's leading information resource and advocate for the natural dimension stone industry. MIA members include marble, granite, limestone, travertine, soapstone, and other natural stone producers and quarriers, fabricators, installers, distributors, and contractors around the world.
About Schechner Lifson Corporation
Schechner Lifson Corporation (SLC) specializes in property/casualty insurance programs designed to meet the needs of the natural stone, solid surface, quartz, and tile industries. SLC is active supporting continuing education opportunities for stone professionals and frequently provides insurance seminars at major industry trade shows.
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