AVRECO - Your Specialty Risk Professionals

AVRECO Assisted & Independent Living Facilities Professional & General Liability Program

AVRECO's professional liability underwriting team is proud to introduce their new Assisted Living Facilities Professional & General Liability Program.

Highlights of this program include:  

• Silent on sexual abuse
• Silent on punitive damages
• Incident sensitive for claims reporting
• Can look at Assisted Living, Independent Living and Day Care
• Alzheimer patients are covered
• Will consider retroactive coverage on risks with prior, claims-made professional insurance and no gap in coverage

Requirements of a risk:  

• AVRECO Application (Click HERE to download)
• Experienced staff (at least 3 years)
• Facility must be in business at least 3 years (will consider less if staff is experienced)
• Good financials

Coverage:  

• Professional/General Liability
• Maximum Limits: 2mm/2mm (could consider higher on larger accounts)
• Minimum Premium: $7,500
• Minimum Deductible: $5,000
• Excluded in Florida, Alaska, and Hawaii
• Property coverage not included but is available through the AVRECO Property Department
• EPLI coverage not included but can be offered under a separate facility (Click HERE to get an easy, online ballpark indication)
• Nursing homes not included under this program but can be considered separately
• Terrorism coverage excluded but is available for an additional premium
• Admitted in Illinois and Kentucky; Surplus Lines in all other states

Interested in learning more? Contact Linda Deiss at (312) 294-5475 or .