What factors affect EPLI premiums?
There is a wide variation in costs. Premiums depend on several factors:
the number of employees
whether a company is a target industry
the jurisdiction where the claim occurs
the company's claims history
the human resource procedures that are in place
the financial strength of the company.
Generally, the more change a company is undergoing, the greater the likelihood of claims.
Reprinted with permission. © CCH<p>There is a wide variation in costs. Premiums depend on several factors:</p>
What factors affect EPLI premiums?
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