Maximize EPLI Insurance High Limits for Senior Living
The Importance of High Limits
High limits in EPLI insurance are crucial for senior living facilities because they provide a broader safety net against costly legal battles. The costs associated with defending against employment-related claims can be significant, often reaching hundreds of thousands of dollars. According to industry data, the average cost of an EPLI claim in the healthcare sector can exceed $250,0001. By opting for higher limits, senior living facilities can mitigate financial risks and focus on what truly matters—providing exceptional care to their residents.