Companies in the health care and social assistance industry face a number of inherent risks and hazards against which they need to be protected.
Business insurance providers understand this, and they offer a number of different coverage options so that it is possible to build a policy that is suitable to meet the specific needs of every individual establishment.
Building a business insurance policy that is appropriate to meet all the coverage needs of your health care or social assistance organization can be an intricate and time-consuming endeavor. Instead of approaching it alone, let’s do it together!
Here at First Underwriters, we are not captive to any particular insurance provider, so we can shop around to find you competitively-priced coverage that is appropriate to your specific business. Best of all, you can have all your insurance solutions housed under one roof.
Insurance exists for the purpose of protecting persons and organizations from the adverse financial consequences of certain unpredictable events, regardless of the coverage line being considered. For general liability insurance, the unpredictable event that constitutes the subject of the insurance is a claim of legal liability arising out of a company’s operations, premises, products, and completed work.
This form of coverage is also known as errors and omissions insurance, or professional liability insurance, and it can cover a huge range of professional services that involve physical, financial, or emotional risk to the client. It can protect you from losing your business, home, and savings in a malpractice suit.
Commercial property is the policy that an organization purchases to pay for damage to its own buildings and the personal property in them. A commercial property policy can also cover loss of income or increase in expenses that result from insured damage to buildings and their contents.
Umbrella liability insurance and excess liability insurance are two forms of secondary coverage—that is, they both sit above one or more underlying liability policies and do not attach until the underlying policy’s limit of insurance has been exhausted.