The world of insurance can be overwhelming enough to some people. It can be even more so if you are looking for insurance for an assisted living facility. However, it doesn’t have to be that way. There are insurance companies that specialize in developing plans tailored specifically for assisted living facilities. These companies create liability insurance assisted living facility policies that understand the industry. They have years of experience working with these businesses. That means that they know what kind of coverage you will need for your business and can give solid advice on the industry.
There are many branches of an assisted living facility like a cafeteria, chapel, entertainment, a barber shop and more. So, it’s helpful to have someone on your side who understands the business and its unique needs. When you are looking for liability insurance assisted living facility policy, make sure it includes the most necessary coverage for your business.
When trying to find the right plan for your business, make sure it includes the following coverage: boiler, crime, general liability, professional liability, barbers and beautician coverage, excess liability, automobile, violation of resident’s rights, nursing home insurance and property coverage, just to name a few. Also look for a minimum premium of $15,000. A sensitive topic, but one that should also be considered, is no exclusion for physical and sexual abuse. You will also want to protect your medical directors while they are acting within their duties. Make sure you consider all branches of your business and you are sure to be protected.