Senior Living Insurance Program

• Age-restricted communities for residents 55 and older
• Both for-profit and non-profit senior living facilities
• Properties with or without emergency call systems
• Facilities offering subsidized rents, including Section 8, 202, 236, and LIHTC housing
• Multi-story buildings, including those not fully sprinklered

This program is best suited for independent senior living communities, affordable housing for seniors, and similar facilities where health care is not the primary service.

SeniorLivingPro is underwritten by top-rated carriers, including Lloyd’s of London and others rated "A+ VX" by A.M. Best. Coverage is provided using ISO forms and includes an array of enhancements tailored to the senior living sector:

• Broad property coverage extensions with increased limits available
• Boiler and machinery coverage options
• Limited flood and earthquake coverage available
• Business income coverage that addresses loss of Low Income Housing Tax Credits (LIHTC)

To ensure a smooth and efficient underwriting process, complete submissions should include:

• ACORD applications
• Three years of loss history
• IPOA SeniorLivingPro supplemental application

Minimum premium starts at $10,000. Submissions can be sent to [email protected].

The SeniorLivingPro program is available in most states across the U.S., including but not limited to: CA, TX, FL, NY, IL, and WA. However, there are some county-level restrictions in Tier 1 and Tier 2 areas. The program is written on both admitted and non-admitted paper, depending on the state.

As a Managing General Underwriter and Excess & Surplus Lines Broker, Insurance Programs of America brings deep expertise in niche real estate and community-based risks. With access to multiple markets and a focused underwriting approach, they provide agents with a reliable solution for placing senior living risks. Whether you're working with independent senior housing, subsidized communities, or large non-profit facilities, IPOA can help you deliver comprehensive coverage programs tailored to your clients' needs.

Example: You may have a client operating a three-story, partially sprinklered LIHTC senior living property with no on-site medical care. This program is designed to provide a strong fit with robust property and income protections.