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Loss Control Advice | Application Form (PDF) The coverage provided under this policy has been created to meet the specific needs of the Canadian Senior Care industry. Some of the highlights include: - Insurance
- Property Insurance
- Covers Property of Every Description which the Insured owns, leases, or occupies, or for which the Insured is legally liable.
- Coverage for Specific Types of Loss including:
- Auditors' Fees/Professional Fees
- Architects/Surveyors/Legal/Consulting Engineers Fees
- Accounts Receivable
- Damage to Third Party Vehicles
- Fine Arts
- Money and Securities
- Automatic Fire Suppression System Recharge Expense
- Installation Floater
- Personal Property of Officers, Employees and Residents
- Growing Plants, Lawns, Trees, Shrubs or Flowers in the open
- Pollutant Clean Up and Removal
- Re-Keying
- Margin of Profit
- Joint Loss Agreement
- Pairs, Sets and Parts Clause
- Debris Removal
- Consequential Loss (Including Off-Premises Power Failure)
- Increased Cost of Repairs Due to Laws, By-Laws or Ordinances
- Value of Undamaged Portion of Building Due to Laws, By-Laws or Ordinances
- Fire Department Charges
- Extra Expense
- Business Interruption Insurance Gross Profits Form Includes:
- Total Suspension caused by an Insured Peril
- Partial Suspension caused by an Insured Peril
- Indemnity Period - Unless otherwise noted, the standard indemnity periods are twelve (12) months for nursing homes and twenty-four (24) months for retirement homes
- If the location is closed in whole or in part by order of the appropriate health or police authority as a direct result of the occurrence of:
- Food Poisoning
- Notifiable Human Infections
- Infestation by Vermin or Pests and/or
- Defective Sanitation or Drains
- Murder or suicide.
- and business is interrupted or interfered with in consequence of such closure then the provisions of the policy shall apply as if such interruption or interference during the said period of closure had been caused by an insured peril.
- Ordinary Payroll Expense
- Professional and General Liability
- Occurrence Form Liability
- Property Damage Occurrence Form
- Broad definition of Bodily Injury
- Products Liability
- Tenants' Legal Liability
- Employers' Liability
- Contingent Employers' Liability, including voluntary compensation
- Non-Owned Third Party Liability Automobile Insurance
- Legal Liability for Damage to Non-Owned Vehicles (sub-limit per accident)
- Errors and Omissions Insurance Employee Benefits subject to a per claim and aggregate sub-limit
- Punitive Damages
- Administrators Errors and Omissions Liability
- Deletion of intentional injury exclusion
- 90 days notice of cancellation by the insurer
- Sudden & Accidental Pollution Liability subject to sub-limit and specific terms, conditions, limitations and exclusions as set out in the policy
- Cross Liability Clause
- Automatic coverage for subsidiaries, auxiliary, foundation, and volunteers
- Coverage not limited to premises - covers all operations of the nursing and/or retirement home
- Defense costs in addition to limit
- Suits brought in Canada or the United States of America are covered
- Broad Definition of Insured
- Legal Expense Insurance subject to a per claim and aggregate sub-limit
- Advertising Liability subject to a per claim sub-limit.
- Crime Insurance
- Employee Dishonesty Commercial Blanket Coverage
- Loss Inside the Premises Coverage
- Loss Outside the Premises Coverage
- Money Orders and Counterfeit Paper Currency Coverage
- Depositors Forgery Coverage
- Computer Funds and Transfer Fraud
- Residents Trust Funds
- Third Party Bonding
- Boiler and Machinery Coverage
- Property Damage Coverage
- Valuation
- Business Interruption Coverage
- Coverage Extensions
- Service Interruption directly supplying the insured premises
- Cancellation by the insurer - 90 Days
- Automatic Coverage for Acquisitions - 90 Days
- Loss Control Services
- Risk Management Services
- Guidance and advice on the objective of early identification and management of incidents which might give rise to claims such as:
- Risk Management/Quality Management Surveys
- Educational Seminars
- Occurrence Screening/Occurrence Reporting
- Risk Management Newsletter
- Managing Medical Staff Credentialing
- Utilization Management Programs
- Risk Management Video Production
- Worker's Compensation Cost Containment
- Includes such services as:
- Revenue Audits
- Claims Management
- Hearing Representation
- Implementation of Injury Management Programs
- Health & Safety Ergonomics
- Consulting
- Employee Benefit Services
- Including the following service benefits:
- Employer - Sponsored employee benefit programs
- Program Analysis and Financial Audit
- Ongoing Services - Claim Resolution, Experience Reporting, Advice on Client Trends
- Special Risk Services
- Key Person Insurance
- Life and Disability Income Products, Executive Health Services
- Legal Representation
- Representation will be provided by the Toronto based firm of Miller Thomson for clients insured under this program.
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