An adult-care facility is place where elderly people can comfortably enjoy quality of life while at the same time receiving assistance for everyday tasks. Because of the nature of the facility, there are a number of risk exposures facing residents, staff and the owner. Comprehensive nursing home professional liability insurance can ensure each area is protected.
Areas of Risk
Nursing homes may encompass a number of services, such as medical care, transportation and food service. This wide array can help meet residents’ needs, but can also pose risks, such as:
- Workers compensation
- Liability in the event of an accident
- Automobile hazards
- Theft and crime
- Medical malpractice
- Violation of a resident’s rights
There are many other factors to consider when looking at an insurance policy. An owner should consider each of their assets, such as the building itself and the equipment necessary to keep the facility running. A comprehensive policy should include property coverage.
A facility in need of coverage is best served by a policy that covers each of their risk exposures. An experienced insurance provider can work with an owner to identify unique needs. For example, some facilities may provide salon services, which requires s separate type of coverage. Knowing the areas of risk can help determine which types of coverage are necessary and at what amounts. Nursing home professional liability insurancecan help an owner rest assured that the residents and staff are protected should something happen.