Important Components of Assisted Living Facilities Insurance Plans

Due to advances in medicine and care, America’s senior citizens are living longer and healthier lives. This has led to an increase in the number of senior care facilities and responsibilities for workers and directors. Therefore, assisted living facilities insurance for agents of these facilities needs to be comprehensive and up to date.

 

Essential Pieces of Insurance Plans

 

An agent researching insurance plans for their senior facilities should look for plans encompassing employees and residents. Each employee and resident wants to feel safe and secure in his or her job and place of living. Therefore, agents should look for plans that include the following:

 

  • Employee benefits liability
  • General liability
  • Professional liability
  • Business Auto
  • Workers Compensation
  • Sexual Misconduct
  • Commercial Property

 

It is also important to acquire plans that include risk assessment and management services as these will help to maintain safe environments for everyone, including visitors.

 

Changing Needs

 

Assisted living facilities insurance for agents must also factor in the needs and desires of senior residents. Elderly members of society are more apt to use technology and enjoy being involved in a number of activities for physical and mental exercise. Medical care for seniors also continues to evolve, requiring visits from a wide variety of medical and psychological doctors. Senior care has shifted from basic nursing to life care, meaning insurance plans must shift and provide the best in coverage for employees, residents and visitors.