Top Binding Products: Allied Health & Misc. Medical Businesses | Church | Human Service | Nonprofit Directors & Officers | Social Service | Special Eventblue line

gateway specialty insurance logogoogle partner RGB search

Phone: 877-977-4474 | Fax: 610-254-1855
Send Applications to submissions@gatewayspecialty.com

allied healthcare imageGateway Specialty Insurance has top rated markets to quote package or monoline insurance for assisted living facilities.

 

Get a quote for an assisted living by completing an application.

 

Coverage for an assisted living organization can include: 

General Liability

Directors & Officers Liability

Employment Practices Liability

Abuse and Molestation

Professional Liability

Crime

Business Personal Property

Special Events

Hired and Non-Owned Auto

Employee Benefits Liability

Cyber Liability

Umbrella

 

Policy highlights can include:

  • Defense outside limits
  • Separate or shared limits for psychiatrists, psychologists and other MD/mid-levels professionals
  • Industry leading broadening forms
  • Broad definition of who is an insured
  • Easy access to brokers
  • Underwriting expertise with limited customer distribution
  • Ability to provide admitted and non-admitted terms
  • Risk management services
  • Separate limits for General Liability, Professional Liability as well as Abuse and Molestation
  • In-house claims experts

 

Assisted Living claim examples:

Directors and Officers Claim:
A donor made a large contribution to an assisted living requesting that the money be used to enhance the facility. The board instead votes to use the money to buy a new car for the company president. The donor files suit alleging misappropriation of funds.

Property Claim:
A fire breaks out as a result of cooking in the common kitchen area of an assisted living which results in extensive smoke and heat damage to both the assisted living and its contents. This forces the elderly residents seek an alternative facility for a period of one month. The organization suffers a loss of $75,000 in property damage and extra expenses.

Abuse and Molestation Claim:
A man who is volunteering for an assisted living receives consent to take an elderly lady he is providing emotional support to on a trip. During the trip, the lady is sexually molested. The lady's family sues the organization for bodily injury and mental duress.

General Liability Claim:
A guest at an assisted living slipped and fell in the bathroom and broke his arm. The guest filed a lawsuit against the organization for pain and suffering, medical bills and rehabilitation expenses.

 

assisted living markets