Ecommerce brands cut EPLI insurance costs effortlessly now
Why EPLI Insurance is Essential
In today's digital age, ecommerce companies are expanding rapidly, often leading to a larger workforce and, consequently, increased exposure to employment-related claims. EPLI insurance offers a safety net, ensuring that legal fees, settlements, and judgments do not cripple a business financially. According to the Equal Employment Opportunity Commission (EEOC), the average cost of settling out of court for an employment claim is around $75,000, while defense and settlement costs can exceed $125,000 if the case goes to trial1.