CARE HOME INSURANCE BROKERS
As insurance brokers, Aldium has a specialist care division ‘Aldium4Care’ which has looked after the care sector for over 20 years.
Our experts will take the time to learn about your care home and your insurance needs and have access to market leading insurers and exclusive schemes.
Once you have spoken to our experts they will then search the insurance market to find the best quote for you, providing you with both affordable and suitable insurance for your business.
WHAT DOES CARE HOME INSURANCE COVER?
Your care home insurance policy will contain a number of different sections, some of our key covers can include:
BUILDINGS COVER
This will compensate you for the cost of rebuilding, repairing or renovating your care home property in the event that it is damaged by an insured peril such as fire or flood.
CONTENTS COVER
Your home will be full of different types of business contents, This can cover items such as medicines, vaccines and controlled drugs in addition to your usual contents such as furniture and other fixtures.
EMPLOYERS’ LIABILITY
Employers’ Liability Insurance is a legal requirement if you employ anyone. This will cover you for any compensation amount and legal costs if an employee claims compensation for a work-related illness or injury.
PUBLIC LIABILITY
Public Liability covers your business against claims to cover damages and legal costs that people may make against your business.
These claims may arise from; Residents, suppliers, members of the public or visitors.
MEDICAL MALPRACTICE
Medical malpractice cover is an essential cover for any health and social care provider. It can cover legal expenses and compensation if a claim arising from malpractice, neglect or abuse is made.
RESIDENTS EFFECTS
In addition to your business contents, you can arrange cover to protect the possesions of your residents and service users against theft or other damage.
WHAT IS CARE HOME INSURANCE?
An insurance policy has a core purpose which is an arrangement by which a company undertakes to provide a guarantee of compensation for specified loss, damage, illness, or death in return for payment of a specified premium.
Care home insurance contains a combination of many common covers found in most commercial insurance policies however also has increased covers to offer protection to businesses that provider care for the elderly including those who are affected by dementia, children, disabilities or with mental health problems.
It is a statutory requirement to ensure your care business has adequate insurance in place as part of the Care Quality Commission ‘CQC’ standards (CIW – Wales, CI – Scotland).
Whilst there is common covers, many insurance policies are not suitable for residental homes because you require specific insurance covers will ensure you are adequately protected in offering care-related services.
WHAT TYPE OF CARE HOMES CAN TAKE OUT CARE HOME BUSINESS INSURANCE?
As a specialist care insurance broker we can offer tailored care home insurance policies for a number of different types of home such as;
• Care Homes
• Residental care homes for the elderly
• Nursing Homes
• Care homes with Dementia care
• Dual-registered care homes
• Unoccupied property
• Childrens Homes
• Supported Living
• Sheltered accomodation
•Learning and physical difficulties
Just click one for more information.
REQUEST A CARE HOME INSURANCE QUOTE
Please enter your information below and one of our experience insurance experts will be in touch with you.
Alternatively you can contact our care specialists on 0151 353 3880 or email us at Care@Aldium.co.uk
