Transform Risk Into Opportunity With EPLI Insurance Bundle
Real-World Examples and Cost Considerations
The cost of EPLI insurance varies based on several factors, including the size of the business, industry, and claims history. On average, premiums can range from $800 to $3,000 per year for small to mid-sized businesses2. Larger companies might face higher premiums due to increased risk exposure. However, the cost of EPLI insurance is often outweighed by the potential financial impact of an employment-related lawsuit, which can reach hundreds of thousands of dollars in legal fees and settlements.