Access Ideal EPLI Insurance for Senior Living Operators
Cost Considerations
The cost of EPLI can vary widely depending on factors such as the size of the business, location, and claims history. On average, small businesses can expect to pay between $800 to $3,000 annually for EPLI coverage3. However, senior living operators may see different pricing due to their specific risks and needs.
To make an informed decision, senior living operators should explore multiple options, seek quotes from different insurers, and consider working with a broker who specializes in EPLI for the healthcare sector.
Securing the right EPLI coverage is an investment in the future stability of your senior living operation. By understanding the benefits and carefully evaluating your options, you can protect your business from potential employment-related claims and focus on what truly matters—providing exceptional care to your residents.