The healthcare industry is made up of a variety of businesses. Though they all are involved with promoting the health of people, they have a host of different business models and they face many different day-to-day challenges. Because of this, healthcare facilities insurance programs must be versatile and customized. Hospitals, doctor offices, senior living facilities, staffing agencies and medical imaging offices all face their own risk management concerns.
An experienced insurance broker in the field of healthcare will offer a variety of products to meet the needs of its customers. These policies will incorporate flexibility in deductibles, amount of coverage, general liability and umbrella liability. A policy may also offer the choice of claims-made or occurrence basis for liability, allowing the customer a choice. A full line of insurance products enables the healthcare company to pick the products that best fit its business.
A national insurance wholesaler typically deals with a number of qualified insurance carriers, expanding the number of healthcare facilities insurance programs available. This choice of products can result in lower premiums and a higher level of risk management, as well as better meeting the needs of the healthcare industry as a whole. Solutions for insurance programs in the healthcare field enable businesses to operate with a higher level of confidence.