How does The Hanover Insurance Groups EPLI premium compare to what is available in the market place?
Based on the limit of $100,000 and default deductible of $5,000, the price is $56.00 per employee. For an account with 5 employees the premium would be $280 and for an account with 8 employees, the premium would be $448. Stand-alone monline policies, which make up roughly 95% of the EPLI policies sold in the marketplace, can cost easily $2,000 and up.
