All Risks, Ltd. has introduced an exclusive insurance program designed to meet the evolving challenges of the hospice and home health industry with Rockhill Insurance Company. The Home Health Program specifically targets medical home care of the elderly, home health agencies, home health care agencies, home nursing services, visiting nurse associations, nursing agencies providing in home services, hospice care, elderly companions and many more home health classes. Rockhill Insurance Company, with the support of their exclusive relationship with wholesale broker, All Risks, Ltd., will provide a turn-key insurance program for home health related exposures throughout the nation.
Highlights of the new Home Health program include:
- Low minimum premium
- General liability and professional liability policy combinations
- General liability limits: $1 million / $3 million
- Professional Liability Limits: $1 Million / $3 Million
- Excess layers up to $5 million
- Sexual/physical abuse coverage – full policy limits
- Occurrence and claims made available
- Defense costs outside the limit
- Hired and non-owned auto available
- Scheduled additional insured wording
- Incident sensitive coverage trigger
- Separate PL and GL towers
The program also includes a risk management platform designed to help insureds effectively implement/maintain a secure risk management program. The included services offer a web-based self assessment, access to a resource center with specific module downloads, quarterly newsletter specific to home health and quarterly webinars with one hour nursing CE credit. Additional services are also available.
Jim LaPlante, Senior Underwriter in the All Risks National Specialty Program Unit, will be underwriting and managing the hospice and home health risks that fit into this program. Jim has over 30 years of underwriting experience in the healthcare industry and is extremely well versed in addressing the insurance requirements specific to the hospice and home health industry.
“There are currently over 37 million seniors aged 65 years or older in the United States. It is estimated that this senior population will be over 77 million by 2035, and over 88 million by 2050. Of these seniors, 80% prefer to age in place at home rather than move to a healthcare facility. Rockhill’s Home Health Program will offer specialized coverage, specialized claim handling and specialized Risk Management services to the 17,000 companies in this growing segment of the healthcare industry,” said Rob Jurgel, Rockhill Senior Vice President and head of Healthcare Underwriting.
Source: All Risks
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