Get Employer Protection with No-Sweat EPLI Coverage
Factors Affecting EPLI Costs
The cost of EPLI coverage can vary based on several factors, including the size of your business, the industry you operate in, and your claims history. Generally, premiums can range from a few hundred to several thousand dollars annually, depending on these variables. Businesses with a higher risk of employment claims, such as those in industries with high employee turnover, may see higher premiums.
To get the best coverage at a competitive rate, it's advisable to shop around and compare policies from different providers. Many insurance companies offer tailored solutions that can be customized to fit the specific needs and budget of your business.