Dallas, Texas-based U.S. Risk Underwriters and Lighthouse Underwriters are releasing a new low-limit professional/general liability program for eldercare service providers in Florida.
The PL/GL eldercare policy is available to skilled care, assisted living and continuing care retirement communities. The policy carries limits of $25,000 for each occurrence and in the aggregate. There is a $2,500 deductible and the premium is $15,000 fully earned.
“With meaningful tort reform in place, it’s the right time for U.S. Risk and Lighthouse to get back into the eldercare market in Florida,” said Art Seifert, president of U.S. Risk Underwriters. “We are offering a quality insurance product at an affordable premium.”
The eldercare program will use U.S. Risk’s standard combined GL/PL form for Healthcare risks and be sold by independent agents on an open brokerage basis.
Agents and brokers looking for more information should contact Steve Danielson, business development executive, at Lighthouse Underwriters, at (772) 871-2755, sdanielson@lighthouseunderwriters.com.
Source: U.S. Risk Underwriters
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