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The Growing Need for EPLI in High-Stakes Investments
In the current economic climate, high-stakes investments are becoming increasingly complex and competitive. Investors and business owners must navigate a myriad of legal and regulatory challenges, making the protection offered by EPLI more vital than ever. With the rise in employment-related lawsuits, having comprehensive EPLI coverage can save businesses significant financial and reputational damage. According to a study by Hiscox, the average cost of an EPLI claim is approximately $160,000, with 24% of claims resulting in a defense and settlement payment1.