Transform EPLI insurance renewal strategies for fintech success
Key Considerations for EPLI Renewal
When renewing your EPLI policy, consider the following factors:
- Risk Assessment: Conduct a thorough risk assessment to identify new and emerging risks. This helps in adjusting coverage to mitigate potential liabilities.
- Policy Limits: Evaluate your current policy limits. With the growing complexity of employment laws, ensure your coverage is sufficient to protect against expensive litigation.
- Employee Training: Implement regular training programs on employment laws and company policies. This not only reduces the risk of claims but can also lead to lower premiums.