Your senior living facility provides an important service for families with seniors who are either unable to live independently or are at risk of falling and becoming injured, or who need help with medication administration or showering.
Similarly, independent living facilities are tailored more to family members who can still live on their own but could use assistance with some activities of daily living, keeping their apartment tidy, assistance with laundry, meal preparation, etc. As a business owner, when you agree to provide personal care and assistance to seniors you can become liable for accidents and other incidents that can occur in your assisted living facility.
Whether you operate a single assisted living facility or many, including continuing care retirement communities, nursing homes, intermediate care, skilled care, and independent living facilities, Schaefer Enterprises provides you with access to A+ rated carriers who can offer you competitive rates and excellent coverage options as well as the outstanding service you need to make your business work.
General and Professional Liability Insurance
Risk management (loss control and loss prevention) plays an integral role in the success of any assisted living facility and helps to minimize liability claims. When things go wrong, however, it’s important to have insurance protection to cover those claims related to injuries suffered by visitors, residents, personal injuries, abuse and molestation, medical incidents, property damage, employee and volunteer injuries, advertising injury and more. Schaefer can help protect your business with professional and general liability insurance that provides robust coverage at a fair price.
Property and Crime coverage
Beyond the risk of injuries to residents and their visiting families, there are other risks related to damage and equipment breakdown at your facility. Some of these involve damage to your property, as well as employee dishonesty, forgery, and allegations of theft of resident’s property by your personnel. Family members naturally expect that their loved ones will be protected in a safe and secure environment. However, despite all precautions, there are still those people who will take advantage of vulnerable residents whether through employee theft, money and securities losses, stolen property, and/or other criminal activities. Schaefer can help put your mind at ease in the event your employees break your trust.
Excess Follow Form Umbrella coverage
Follow Form (Umbrella) Excess coverage presents a tricky set of complicated coverage scenarios which the staff at Schaefer are very familiar with. We are adept at making sure that your umbrella coverage is beneficial to you, the policyholder, and that there are no loop holes through which you might lose these most necessary additional limits of liability.
In addition, we can offer you Workers’ Compensation, Short Term Disability, Management Liability (Director’s & Officers, Employment Practices, Fiduciary, Kidnap & Ransom), Cyber Liability, Automobile Liability and more. To learn more, contact one of our knowledgeable representatives today about Senior Living Facility insurance.