Senior Living Organizations Liability complete with flexibility and security.

The senior living industry has continued to grow rapidly to meet the expanding needs and consumer preferences of an aging population that has a higher life expectancy than ever before. The changing medical and social complexity of residents, along with increasing regulatory and legal scrutiny, requires working with a carrier that understands this industry’s evolution. With an end-to-end approach that includes claims and risk management expertise, we can address senior living organizations clients’ needs and exposures.

Our appetite focus:

Senior living facilities providing skilled, assisted living, memory care and respite care services, independent living communities and continuing care retirement communities

  • Claims made or occurrence professional and general liability coverages available
  • Defense outside the limits of coverage as part of the policy form
  • Definition of insured includes volunteers, students, and medical directors (administrative duties)
  • Evacuation expense reimbursement sublimit available for unplanned evacuation of residents
  • Legal/media expense reimbursement sublimit available for the investigation, defense and management of public relations in connection with certain legal defense proceedings
  • Clean-up expense reimbursement sublimit available for the disinfection of MRSA and other antibiotic resistant bacteria at insured facilities
  • Punitive damages coverage – most favorable venue affirmation where permitted by law
  • No sexual molestation exclusion in the policy form
  • 60 days of automatic coverage for newly acquired or created entities
  • Excess / umbrella liability policy available
In Addition

Our appetite focuses on senior living operators who prefer a carrier with a history of providing responsive and flexible underwriting solutions for senior living facilities, and a proven track record of superior claims handling.

 

  • $1M/$3M  capacity for primary professional and general liability coverage
  • Excess capacity of $15M/$15M
  • Separate towers for professional liability, general liability and employee benefits liability coverage
  • Per location limits available
  • Senior living facilities providing skilled, assisted living, memory care and respite care services, independent living communities and continuing care retirement communities

OneBeacon Healthcare Group offers tailored risk management services including clinical in-house risk managers who can assist in the review of policyholders' specific needs. Services for qualified accounts can include:

  • Consulting time by telephone, fax, email or on-site
  • Free participation webinars focused on policyholder needs
  • Regular risk management e-newsletters
  • On-site risk assessments and education services available

No one looks forward to being involved in a claim. However, we strive to be as prepared as possible should a claim occur. Our claims services include:

  • Experienced teams of in-house claims professionals which include clinicians, lawyers, investigators and IT experts that are dedicated to each account
  • A strong network of national reputable outside counsel
  • A natural tenacity to fight for policyholders’ reputations
  • The ability to settle appropriately, but with policyholders’ best interests in mind, treating an insured’s money as if it was our own

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