With the advances in medical technology, more people are expected to live longer and stronger lives. For that reason, insurance companies have had to make adjustments to the type of coverage they offer continuing care retirement communities. If you’re an insurance broker or the owner of a continuing care retirement community, then you owe it to yourself and your residents to learn more about modern day continuing care retirement communities commercial insurance.
The Ins and Outs
The one thing that makes continuing care retirement communities so unique is that they cater to a variety of senior citizens, from those who need little assistance in taking care of themselves to those who are living their last days. There are even programs where continuing care can be offered right in a person’s home in the event that they would rather age there. With a blend of so many different people, there’s a blend of different risks that have to be taken into consideration. Comprehensive continuing care retirement communities commercial insurance plans will take care of each of the unique exposures that you, your residents and your clients face. Sit down with an experienced agent to see how they can help you with risk management, loss control and risk mitigation.
Coverage for continuing care retirement communities commercial insurance plans includes general liability, business, workers compensation, sexual misconduct and employee benefits liability.