Assisted Living (Skilled Care) Facilities
Offered by Amalgamated Insurance Underwriters
Assisted Living Healthcare Facilities Earthquake Property Nursing Homes Equipment Breakdown Skilled Care Commercial FloodDescription
This property program is built to serve healthcare facilities that may be aging and in need of a non-admitted option. Designed for older properties and frame or JM construction, it delivers a reliable home where adequate placement has been difficult to secure. With robust coverage terms and competitive pricing, this program stands out as a compelling solution in a still-challenging property market for assisted living facilities.
Appetite:
• Assisted Living Facilities, Skilled Nursing Homes, Rehab Centers, Memory Care Centers, Adult Daycare Centers, Therapy Centers
• Minimum TIV $4M
• Targeting well-managed Healthcare Facilities, with a focus on older frame and JM construction
• Older locations must be updated within 20 Years
• All Perils
• Broad Risk Appetite
• Exclusive Market
• Expedited Underwriting and Quoting Process
• Adequate Capacity for Larger Schedules
• $500 Million Blanket Limit
• No Co-insurance
• $25 Million Earthquake Sublimit (Excluding CA, AK, HI & PAC NW)
• $25 Million Flood Sublimit (Excluding High Hazard Flood Zones)
• EQSL in all States
• Rich Ordinance or Law Provision
• $1 Million Sewer & Drain Backup
• Optional Equipment Breakdown Coverage
• Optional Terrorism Coverage
• Optional Crime Coverage
Give us a call at 845-426-0400 or reach out via email to hello@aiu-usa.com to learn more!
Details
Appointment Required
Carrier Information
Several "A" rated domestic and London based carriers
Non-Admitted
Rating A
Offered By
Downloadable Files
Availability 47 states
Covered
Not Covered