Maximize Savings on EPLI Insurance High Deductibles Now

Assessing Your Risk and Needs

Before opting for a high deductible EPLI insurance plan, it is crucial to assess your company’s risk profile and financial capacity to handle potential claims. Evaluate the frequency and severity of past claims, and consider whether your business has the financial resilience to cover a higher deductible in the event of a claim. Additionally, implementing proactive measures such as regular training sessions, clear policies, and effective communication channels can further mitigate risks and make a high deductible plan more viable.