Product Fact Sheet
Property & Casualty Package for Healthcare Entities
Your clients will benefit from our unmatched knowledge of the ever-evolving Healthcare industry segment. Our underwriting team has specialized in Healthcare for over two decades, and we bring that expertise to our daily underwriting, appetite, and product development – whether for small allied health practitioner-led clinics, surgical risks, or large hospital systems.
Our target classes of business:
-
Adult Day Programs
-
Alcohol and Drug Programs and Treatment Centres
-
Allied Health Practitioner Clinics
-
Assisted Living
-
Chronic Care
-
Complex Continuing Care
-
Community Support Programs
-
Cosmetic Surgery
-
Dental Clinics
-
Diagnostic Imaging and Testing
-
Fertility, IVF
-
Foster and Child Care Services
-
Group Homes
-
Healthcare Staffing Agencies
-
Holistic Practitioners
-
Home Care
-
Hospices and Respite Services
-
Medical Clinics
-
Medical Spas and Spas/Salons
-
Mental Health Programs and Treatment Centres
-
Non-Emergency Patient Transport
-
Nursing Placement Agencies
-
Nursing Homes and Long-term Care
-
Paramedic Services
-
Pharmacies
-
Physiotherapy, Kinesiology, Occupational Health
-
Public Health Units
-
Retirement Homes
-
Surgical Centres
-
Tele Health
-
Transfusion, Dialysis and Cancer IV Therapy
-
Women's Health Clinics
​
Please contact us if your Healthcare risk does not fit into one of these categories – we may still be able to help.
Available coverages:
-
Abuse Liability
-
Commercial General Liability, including Bodily Injury, Personal and Advertising Injury, Property Damage, Tenant's Legal Liability, Non-Owned Automobile, Employee Benefits Errors & Omissions
-
Cross-Border U.S. CGL and Medical Malpractice (available for select risks with U.S. exposure from domestically located operations)
-
Employment Practices Liability
-
Equipment Breakdown Insurance
-
Loss of Documents
-
Medical Malpractice
-
Non-Profit Directors & Officers Liability
-
Proceedings Legal Defence Reimbursement
-
Property and Crime
Liability coverage highlights:
-
$20,000,000 available limits
-
Broad definition of Insured
-
Blanket Contractual Liability
-
Defense Costs in Addition (except Non-profit Directors & Officers and Employment Practices Liability)
-
Double Professional Liability (Med Mal) Aggregate Limit, no General Liability Aggregate (except Completed Operations Hazard and Employee Benefits Errors and Omissions)
-
Market-leading SIGNAL Underwriting manuscript wording tailored for Healthcare entities
-
Punitive Damages (sub-limited)
-
Silent Abuse coverage for qualifying classes of risk (Claims-made buy-back option for remainder)
-
Led by Certain Lloyd's Underwriters
-
Worldwide cover, with claims brought in North America
Property & Crime coverage highlights:
-
$4,000,000 available per location (for best in class)
-
All-Risk Coverage
-
Broad list of Extensions of Coverage
-
Customized Wording for Healthcare Segment
-
Extended Rental Income (Optional Coverage)
-
Personal Property of Residents
-
Replacement Cost
-
Stated Amount-Waiver of Co-Insurance (with signed Statement of Values on File)
-
Third Party Extension (Bonding) (Crime Coverage Option)
What sets SIGNAL Underwriting apart:
-
Broad appetite
-
Customer focused on broker partners and insureds
-
In-house underwriting authority
-
Our Underwriters are here to help you with any of your Healthcare industry-related questions
-
Over 20 years of Healthcare broking and underwriting experience
-
Secured Lloyd’s of London Coverholder status within first year of operation
-
SIGNAL Underwriting Inc. only represents London and domestic security with a minimum rating of A- (AM Best rating) for this product
-
Claims handled by Canadian Third Party Adjuster experienced with Healthcare entities
-
17.5% Retail broker commission on this product