MedSolutions
MedSolutions
ASI Healthcare has developed specialized liability programs and coverages to meet the unique needs of the long-term care industry.
Target Risk Characteristics
- Small to mid-size owner operators
- Focus on geriatric long-term care
- Demonstrated commitment to clinical risk management and loss prevention
- Stable ownership and management
- Good state survey results
- Acceptable 5-year liability claim performance
Our comprehensive collection of liability products allows our agents and brokers to offer at least one liability solution for ANY RISK in ANY STATE. Even the most difficult risk can be placed.
Traditional Coverage
■ Limits of $1,000,000 per claim
■ Retention options available
■ Broad coverage form
■ HUD approved
Advantage Series
■ Professional liability limits from $1,000,000 to $500,000 per claim
■ General liability limits of $1,000,000 per claim are standard
■ First dollar and retention options available
■ Affordable alternative to traditional coverage
General Liability (BI/PD)
■ Limits up to $1,000,000 per claim
■ Significantly reduced rates
■ Retention options available
■ Coverage excluded for liability associated with residents
Compliance Coverage
■ $25,000 CSL is the norm; can offer additional limits where required
■ $20,000 deductible
■ Intended for regulatory compliance
■ Very low premiums
■ Not a significant source of risk transfer
■ Defense is inside the limits
■ Requires a third-party administrator