what is a wrap around insurance program 
a wrap around insurance program is a policy that provides punitive damages coverage for employment practices liability claims should a legal recompense in excess of compensatory damages be awarded to a plaintiff to punish a defendant and deter them from committing future punitive actions this form of insurance will help to cover those costs understanding a wrap around insurance programa wrap around insurance program is also referred to as a wrap around policy because it is set up in conjunction with an employment practices liability insurance epli policy epli insures against claims from employees that employers have violated their rights eligible claims for such lawsuits can range from any form of discrimination to wrongful termination the most common award from these types of lawsuits is punitive or monetary damages these are usually issued to cover a range of needs including medical costs loss of income and pain and suffering employers carry epli policies to cover the costs they could incur if legal action is pursued if an employee feels that workers compensation does not adequately cover their loss perhaps because they feel their employer s negligence caused their injury they may decide to sue their employer for punitive damages such as pain and suffering epli addresses this risk and is designed to cover expenses not protected by workers compensation or general liability insurance a mainly mandatory form of insurance that provides some level of coverage for medical expenses and lost wages for employees or their beneficiaries when injured falling sick or killed as a result of their job employment practices liability insurance epli places limits on the amounts paid out per employee per injury or per illness types of wrap around insurance programsthere are other instances of the term wrap around insurance being used that do not include employee versus employer interactions these include secondary or ancillary insurance policies for health and life insurance coverages when a singular policy does not meet current needs or is not estimated to meet future needs another form of a wrap around insurance program is also employed to protect against political risk companies may take out this type of policy to shield themselves in the event that a foreign government engages in activities that cause it a financial loss under this category of wrap around insurance protection is provided for deprivation acts of government embargo sanction partial loss and forced abandonment 1 special considerationspunitive cases fall under the civil court s jurisdiction 2 and while there is still a defendant there is no prosecutor as there is during a criminal case the plaintiff is usually seeking restitution for a financial loss of some sort and must hire an attorney to act on their behalf and provide counsel defendants in criminal cases on the other hand can request an attorney at a cost to the state if they cannot reasonably afford one furthermore with a civil case there is no threat of jail time or a criminal conviction there s usually no jury either most civil cases are tried and decided solely in front of a judge 