Financial Advisors Eliminate Risk with Secret EPLI Insights
The Financial Impact of EPLI
The financial implications of not having EPLI can be staggering. According to studies, the average cost of an employment lawsuit in the U.S. is around $250,000, which includes legal fees, settlements, and other related expenses1. EPLI helps mitigate these costs by covering legal defense fees and any settlements or judgments that may arise. For financial advisors, this means peace of mind and the ability to focus on growing your business without the looming threat of financial devastation.