Call Us Today For A Free Quote | 480.830.2595
Preheader

 

Dream Team Home Page Payments Claims
 
Colgrove Financial, LLC

Auto Home Business Life

Woman With CaregiverRunning an assisted living facility comes with many of the risks faced regularly by businesses, plus a handful of unique risks — such as the well-being of senior residents. To protect the interests of the business and the residents, it's crucial to get the right insurance package that's designed to cover these unique risks. Working with an independent insurance agent who understands these needs is key to protecting your assisted living facility. The following coverage options are a good place to begin a discussion with your agent.
  • Property: Provides protection for the physical assets owned by the business, including the building itself, furniture, electronics, medical equipment, artwork and more.
  • General Liability: Helps fund legal/medical expenses if a third party accuses the business of injury or property damage. Coverage limits can be extended by adding umbrella insurance to your policy.
  • Professional Liability: Covers the expenses associated with a professional mistake made by an employee, such as a misdiagnosis or a billing error.
  • Employee Benefits Liability: Protects the business in the event that an employee makes an accusation of discrimination, sexual harassment or another transgression.
  • Cyber Liability: Provides funds if the business experiences a data breach, including the cost of physical computer equipment and efforts to protect exposed personal information.
  • Workers Compensation: Covers medical expenses and lost wages for employees who are injured while performing job duties.
  • Commercial Auto: Provides coverage for all business-owned vehicles, in accordance with state laws.
As the baby boomers enter their senior years, they will expect more flexibility from assisted living facilities. Technological advances have driven the economy and given people a higher standard of living, one which should be carried over if an individual must move into an assisted living facility. As medical and communication upgrades are made to meet the rising demand and caliber of care, the risks of the business will also grow and evolve. Luckily, there are insurance professionals who can help you build the right insurance package to protect your facility, both now and through future changes.

Start building your policy today. Call Colgrove Financial, LLC at (480) 830-2595 for more information on Arizona assisted living facility insurance.
Share |


No Comments


Post a Comment
Name
Required
E-Mail
Required (Not Displayed)
Comment
Required


All comments are moderated and stripped of HTML.
Submission Validation
Required
CAPTCHA
Change the CAPTCHA codeSpeak the CAPTCHA code
 
Enter the Validation Code from above.
NOTICE: This blog and website are made available by the publisher for educational and informational purposes only. It is not be used as a substitute for competent insurance, legal, or tax advice from a licensed professional in your state. By using this blog site you understand that there is no broker client relationship between you and the blog and website publisher.
Blog Archive


View Mobile Version
View Our Latest Insurance News
more...
  Mike Bowowski

Keep up to date with Mike's thoughts on the galaxy and other events.

more...

Read More

Colgrove Financial
Colgrove Financial, LLC
Home
About Us
Get A Quote
Customer Service
Newsletter
Contact Us
Auto Insurance
Home Insurance
Employee Benefits
Business Insurance
Disability Insurance
Other Insurance Types...
Colgrove Financial, LLC
555 W Chandler Blvd. Suite 203
Chandler, AZ 85225
Phone: 480.830.2595
Colgrove Financial, LLC
How Can We Help You?
or call us at
480-830-2595
Get A Quote My Policy Location Insurance Website Builder Refer Your Friends Testimonials Blog RSS Feed Facebook Twitter Google+ LinkedIn