Maximize 3PL Warehousing with Huge EPLI Insurance Limits
Real-World Examples and Pricing
To illustrate the impact of maximizing EPLI insurance limits, consider a business that experienced a wrongful termination lawsuit. Without sufficient EPLI coverage, the company faced legal fees exceeding $100,000. However, with higher insurance limits, these costs were covered, allowing the business to focus on growth rather than litigation.
Pricing for EPLI insurance varies based on factors such as company size, industry, and claims history. On average, premiums can range from $800 to $5,000 per year for small to mid-sized businesses2. It's essential to work with an insurance provider to tailor coverage to your specific needs, ensuring you have the right protection in place.