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EPLI insurance provides several key benefits that can safeguard your business:
1. **Financial Protection**: It covers legal costs and settlements, which can be substantial, especially for small to medium-sized enterprises.
2. **Risk Management**: Many insurers offer risk management resources to help businesses implement best practices and reduce the likelihood of claims.
3. **Peace of Mind**: Knowing that you have coverage in place allows you to focus on running your business without the constant worry of potential lawsuits.