Colonial General Insurance Agency, Inc. offers a flexible and competitive Long Term Care Facilities Insurance program designed specifically for independent living and assisted living facilities. With a widened underwriting appetite and significantly reduced base rates, this program enables agents and brokers to place more long-term care risks with confidence. Whether you're working with newer facilities or those with more complex needs, Colonial General delivers tailored solutions that address the unique exposures in this sector.
Ideal Accounts and Appetite
This program is well-suited for:
- Assisted Living Facilities
- Independent Living Communities
- Small to medium-sized long-term care operations
Accounts that prioritize resident safety, have clean loss histories, and demonstrate strong management practices are especially desirable. Facilities with good risk management procedures and located in favorable legal venues may also qualify for additional credits.
Example: You might have a client operating a 40-unit assisted living facility in Utah with no major claims in the past five years. This would be a strong fit for our program, especially with the updated coverage options and reduced rates.
Coverage Highlights and Advantages
Colonial General’s Long Term Care Facilities Insurance program offers broad and competitive coverage, including:
For Assisted and Independent Living:
- Significantly lower base rates
- Removal of assault and battery exclusion
- Occurrence form coverage for independent living facilities
- Medical payments for non-residents with $2,500 and $10,000 limits
Broadened Coverage Options:
- Higher limits for sexual abuse and molestation
- Punitive damages coverage where allowed
- Split liability limits to better manage exposures
- Defense costs outside the limits of liability
- Communicable disease coverage
- Broader coverage territories with credits for preferred venues
Underwriting Notes and Minimum Premiums
This program is available through both admitted and non-admitted markets, depending on the risk and jurisdiction. Colonial General works with a variety of carriers to match your client with the most appropriate coverage solution. While minimum premium requirements may vary, the program is accessible for a wide range of account sizes, especially with the newly reduced base rates.
Territories and Availability
Coverage is available for risks located in the following states:
- Arizona (AZ)
- California (CA)
- Colorado (CO)
- Idaho (ID)
- Nevada (NV)
- New Mexico (NM)
- Utah (UT)
- Wyoming (WY)
Why Work With Colonial General?
As a Managing General Agency and Excess & Surplus Lines Broker, Colonial General brings deep market access and specialized underwriting expertise in the long-term care space. With a focus on supporting independent agents and brokers, Colonial General helps you place business that other markets might decline. Their responsive service, flexible underwriting, and expanded appetite make them a reliable partner for placing assisted and independent living facility risks.
To learn more about this program or explore additional markets, visit Colonial General Insurance Agency, Inc..
Frequently Asked Questions
What types of accounts are a good fit for this program?
This program is ideal for assisted living and independent living facilities with clean loss histories, good management practices, and a focus on resident safety.
Are both admitted and non-admitted options available?
Yes, Colonial General offers access to both admitted and non-admitted markets depending on the risk and state.
Is occurrence form coverage available?
Yes, occurrence form coverage is available for independent living facilities under this program.
Does the policy include coverage for communicable diseases?
Yes, coverage for communicable disease is included, helping facilities manage this important exposure.
In which states is this program available?
This program is available in AZ, CA, CO, ID, NV, NM, UT, and WY.
Need help placing an account? Connect with a market specialist.