https://completemarkets.com/company/colonialgeneral/Long-Term-Care-Facilities-Insurance/
Policy Highlights for Long Term Care Facilities Insurance:
Colonial General Insurance Agency, Inc. offers a competitive, flexible Long Term Care Facilities Insurance program tailored for independent living and assisted living facilities. With a widened underwriting appetite and reduced base rates, this program helps agents and brokers place more long-term care risks — including newer facilities and accounts with more complex exposures — using solutions designed for this niche.
Ideal Accounts and Appetite
This program is well-suited for:
Assisted living facilities
Independent living communities
Small to medium-sized long-term care operations
Preferred accounts are those that emphasize resident safety, maintain clean loss histories, and demonstrate strong management and risk-control practices. Facilities with documented risk management programs and locations in favorable legal venues may qualify for favorable credits and broader terms.
Example: You might have a client operating a 40-unit assisted living facility in Utah with no major claims in the past five years — that profile typically fits well with this program given the updated coverages and lower base rates.
Coverage Highlights and Advantages
Colonial General’s Long Term Care Facilities Insurance program delivers broad liability solutions and expanded options for assisted and independent living operations. Key features include:
For assisted and independent living:
Lower base rates designed to increase placement opportunities
Removal of the assault and battery exclusion where allowable
Occurrence-form coverage available for independent living facilities
Medical payments for non-residents with $2,500 and $10,000 limit options
Broadened coverages and options:
Higher limits for sexual abuse and molestation exposures
Punitive damages coverage where legally permitted
Split liability limits to better manage complex exposures
Defense costs outside the limits of liability
Communicable disease coverage
Expanded territory options and credits for preferred venues
Underwriting Notes and Minimum Premiums
The program is accessible through both admitted and non-admitted markets depending on the state and account characteristics. Colonial General partners with multiple carriers to align the risk with the most appropriate market. Minimum premium thresholds vary by carrier and jurisdiction; the program’s reduced base rates make it practical for a wide range of account sizes.
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 combines deep market access with focused underwriting expertise for the long-term care sector. They support independent agents and brokers by placing business other markets may decline and by offering responsive service, flexible terms, and an expanded appetite for assisted and independent living 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?Assisted living and independent living facilities with clean loss histories, documented risk controls, and strong management practices are the best fits for this program.
Are both admitted and non-admitted options available?Yes. Colonial General places accounts in admitted and non-admitted markets depending on the state and the specific characteristics of the risk.
Is occurrence form coverage available?Yes. Occurrence-form coverage is available for independent living facilities under this program, subject to underwriting.
Does the policy include coverage for communicable diseases?Yes. Communicable disease coverage is part of the program to help facilities manage that exposure where offered by the underlying carrier.
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.