General Star Management Co. has launched a new Healthcare Facilities Choice endorsement. The protection is available on miscellaneous healthcare facilities policies for risks that meet underwriting eligibility requirements. Six additional coverages are added to the “supplementary payments” section for qualified insureds at no additional premium.
The new features added by the Healthcare Facilities Choice endorsement are:
- Media expense
- HIPPA proceedings
- Emergency evacuation expenses
- Patient property
- Medicare/Medicaid billing defense expenses
- State medical board legal expense
Custom designed for healthcare facilities and providers, the limits for these new supplementary payment coverages are $25,000 each claim/$25,000 aggregate, all subject to a $50,000 aggregate limit for the policy period. Patient property damage is the sole exception, offering a limit of $5,000 each claim/$5,000 aggregate.
Coverage is available on a non-admitted basis in all states and will be written by General Star Indemnity Co. General Star is a wholly-owned subsidiary of General Reinsurance Corp., a member of the Berkshire Hathaway family of companies.
General Star Indemnity Co. is an eligible surplus lines insurer in all states, the District of Columbia, Puerto Rico, and the Virgin Islands. It has the status as an unlicensed insurer in California and operates under NAIC Number 0031-34991. Insurance is placed with the General Star Indemnity Co. by licensed producers and, for risks that qualify, by licensed surplus lines brokers.
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