Insurance for Short & Long Term Care Facilities

This industry consists of specialty care facilities for adults and children. Establishments include adult and elderly nursing homes, mental health institutions, substance abuse facilities, delinquent youth halfway homes, group homes for unwed mothers, orphanages, developmental disability facilities and retirement communities.

Care facilities look after people in need of medical care. This is a very serious job and must be handled carefully. However, things don't always come your way so when your business is faced with a medical responsibility or a liability risk, make sure that you are ready for it. Insurance will pay covered expenses. When you face a liability claim, for example, insurance will pay for the expenses to keep your business assets protected.

Nursing care facilities face a unique set of risks. Below are some of those:

• A nurse visiting a patient in an emergency uses her own vehicle. However, the nurse is in an accident.
• A nurse catches a communicable disease from a patient. You'll be responsible for the nurse's medical fees and lost wages until he or she is able to work again.

The cost of insurance for care facilities will usually depend on the size of the nursing facility, the number of employees and the coverage required. If you want to know the cost of your insurance policies, apply online to get a free quote or talk directly to our insurance experts.