Russell Bond & Co., Inc. May 2017  
 
Long Term Care Facilities
 
Long term residential care facilities need an innovative product that will provide the broadest coverage for their exposures.  These facilities are in more demand than ever as the "baby boomer" generation enters retirement at a record pace.  Russell Bond's Long Term Care Facility coverage addresses the evolving risk surrounding these facilities.  While other carriers are limiting coverages for sexual abuse, elopement and bedsores, we can provide all of these coverages up to the limit.  This product also is able to provide coverage to address the growing regulatory and patient data risks facing long term care facilities.  Eligible classes include: Independent Living Facilities, Personal Care Homes, Residential Care / Assisted Living Facilities, Alzheimer's / Dementia Care, Intermediate Care Facilities, Skilled Nursing Facilities.
 
Product Highlights:
  • Limits up to $1,000,000 / $3,000,000
  • Premiums start at $1,000 online for facilities up to 6 beds;
    $2,500 offline
  • Minimum deductible: $1,000
  • Occurrence based on General Liability coverage is available
  • $2,000,000 Sexual Abuse limits available when required by contract
  • Defense costs Outside the Limit, up to the limit
  • Evacuation expense up to $50,000
  • First dollar defense coverage
  • Up to $1,000,000 limit for Cyber Liability (includes Breach Response costs)
  • No bedsore or elopement limitations
  • $1,000,000 / $1,000,000 limits of Hired and Non-Owned Auto coverage available
  • Employee Benefits Liability coverage available by endorsement
Long Term Care Facilities
Image courtesy of stockimages at FreeDigitalPhotos.net
 
By 2050, 27 MILLION older Americans (over 65) will need Long Term Care.
 
Tonya Hollederer Tony Ambrose Joanna Brancaleoni
Tonya Hollederer, ext. 133
thollederer@RussellBond.com
TEAM LEADER
Tony Ambrose, ext. 143
aambrose@russellbond.com 
Joanna Brancaleoni, ext. 121
jbrancaleoni
@RussellBond.com
     
Ed Chadwick Jackie Oddo
Ed Chadwick, ext. 261
echadwick@RussellBond.com
Jackie Oddo, ext. 161
joddo@RussellBond.com
   
Call us at  800-333-7226
 
A Wholesale Insurance Broker Unlike Any Other TM
 
____________________________________________________________________________
67 Years
1950 - 2017
866 Ellicott Square Bldg.  |  295 Main Street  |  Buffalo  |  NY  |  14203
1670 Whitehorse - Hamilton Square Road  |  Hamilton  |  NJ  |  08690
Hampton Ponds Plaza # 12 |  1029 North Road  |  Westfield |  MA  |  01085
800.333.7226  |  www.RussellBond.com  |  Fax: 800.677.6779
Trusted since 1950