Master Risk Management With EPLI Bundle Today
Financial Considerations and Pricing
The cost of EPLI varies based on several factors, including the size of the company, industry, and claims history. On average, small businesses might pay anywhere from $800 to $3,000 annually for a policy with a $1 million limit2. However, companies with higher risks or past claims may face higher premiums.
Some insurers offer discounts for businesses that implement proactive risk management strategies, such as regular employee training and updated HR policies. It's advisable to search options and compare quotes from multiple providers to find the best coverage at a competitive rate.