Franchise Operators Save Big on Multi-State EPLI Cover
Real-World Examples and Statistics
According to a recent survey, businesses that opted for multi-state EPLI reported an average savings of 15% compared to those with separate state-specific policies1. This underscores the financial benefits of consolidating your insurance coverage. Furthermore, a study by the National Association of Insurance Commissioners (NAIC) highlights that employment-related claims are on the rise, with EPLI claims increasing by 7% annually2. These statistics emphasize the importance of not only having coverage but also ensuring it is comprehensive and cost-effective.