Employment Practice Claims When To Report | When Should I File an EPLI Claim?

When Should I File A Claim on my EPLI Policy? Employment Practice Claims When To Report.

👋 Hi there, I'm Gordon Coyle, and welcome to my channel where we discuss the pressing risk and insurance issues that business owners face every day.

📌 In Today's Video: When to File an EPLI Claim
Have you ever wondered when is the right time to file an Employment Practices Liability Insurance (EPLI) claim? If you're a business owner, HR consultant, or in a managerial position, this video is a must-watch for you.

👉 Key Takeaways:
1️⃣ Act Quickly: EPLI policies often require that any potential claim be reported "as soon as practicable."
2️⃣ Utilize Your Coverage: EPLI policies cover defense costs, so there's no need to pay out-of-pocket for legal fees.
3️⃣ Strategic vs. Economic Decisions: While it may seem cost-effective to handle a claim yourself, it can backfire, leading to more complications and costs down the line.

🤔 Common Concerns Addressed:
Will my premiums go up if I file a claim?
What happens if I delay filing a claim?

🔑 Why Choose The Coyle Group?
We specialize in tailoring and customizing EPLI and other business insurance policies to fit your unique needs. Don't leave your business exposed; work with experts who handle these policies daily.

📞 Contact Us
Looking for expert advice on EPLI or other forms of business insurance? Reach out to us! Our contact information is below.

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