Did you know that over 40% of Employment Practices Liability Insurance (EPLI) claims are brought against employers with under 100 employees (Source: SHRM)? EPLI is a fairly newer form of coverage protecting business owners against claims arising out of discrimination, wrongful termination, sexual harassment, family medical leave act violations, wage per hour violations, etc. Keep this in mind: the typical cost of defending a frivolous EPLI claim can range from $15,000 - $25,000 while a claim holding merit can run defense costs from $125,000 - $150,000. Can your business afford such out-of-pocket defense costs? Don’t let these costs cripple your livelihood. Protect yourself and your business by inquiring today about the countless benefits of an Employment Practices Liability Insurance (EPLI) policy.
