CARE HOME INSURANCE
Care home insurance is a specific type of insurance that is designed for care homes and provides protection for the unique risks and exposures that care homes face.
Our insurance experts will take the time to learn about your care home and your business needs. Aldium has access to market leading insurers and exclusive schemes that can provide you with both affordable and comprehensive insurance for your care home business.
To request an insurance quote, simply enter your details and one of our care specialists will contact you.
WHAT DOES CARE HOME INSURANCE COVER?
Your care home insurance policy will contain a number of different sections, some of our key covers can include:
BUILDINGS COVER
This will compensate you for the cost of rebuilding, repairing or renovating your care home property in the event that it is damaged by an insured peril such as fire or flood.
CONTENTS COVER
Your home will be full of different types of business contents, This can cover items such as medicines, vaccines and controlled drugs in addition to your usual contents such as furniture and other fixtures.
EMPLOYERS’ LIABILITY
Employers’ Liability Insurance is a legal requirement if you employ anyone. This will cover you for any compensation amount and legal costs if an employee claims compensation for a work-related illness or injury.
PUBLIC LIABILITY
Public Liability covers your business against claims to cover damages and legal costs that people may make against your business. These claims may arise from; Residents, suppliers, members of the public or visitors.
MEDICAL MALPRACTICE
Medical malpractice cover can be an important cover for any health and social care provider. It can cover legal expenses and compensation if a claim arising from malpractice, neglect or abuse is made.
RESIDENTS EFFECTS
In addition to your business contents, you can arrange cover to protect the possesions of your residents and service users against theft or other damage.
BUSINESS INTERRUPTION
Business Interruption cover is an insurance coverage that replaces income lost in the event that business is halted due to direct physical loss or damage such as fire or flood.
BUILDINGS COVER
Commercial Legal Expenses is generally designed to assist you in getting expert legal advice for circumstances such as an employment tribunal or a contract dispute. It could provide cover for legal representation and cover for legal expenses in the event of a claim.
WHY CHOOSE ALDIUM?
ALDIUM Insurance has been protecting the care sector for over 25 years.
EXTENSIVE KNOWLEDGE
Our care team will take the time to understand you and your business and help indentify what protection you need. Our staff are dedicated to the care sector and spend their day looking after our care clients.
EXCELLENT CUSTOMER SERVICE
Care Home Insurance isn’t just a once a year event. Your needs may change throughout the year or new regulations may be introduced. Whether you have a question about your policy or need help with something else our team will be here to help you with it.
COMPETITIVE PRICES
Once we understand your care insurance needs we will then approach our panel of insurers to find the most competitive package for you. We will send them our presentation of your home so they can better understand your business.
CLAIMS SERVICE
It’s something you hope never happens but should you need to make a claim our in-house claims manager will be on hand to manage your claim.
DO I NEED CARE HOME INSURANCE?
An insurance policy has a core purpose which is an arrangement by which a company undertakes to provide a gurantee of compensation for specified loss, damage, illness, or death in return for payment of a specified premium.
Care home insurance contains a combination of many common covers found in most commercial insurance policies however also has increased covers to offer protection to businesses that provider care for the elderly including those who are affected by dementia, children, disabilities or with mental health problems.
It is a statutory requirement to ensure your care business has adequate insurance in place as part of the Care Quality Commission ‘CQC’ standards (CIW – Wales, CI – Scotland).
Whilst there is common covers, many insurance policies are not suitable for residental homes because you require specific insurance covers will ensure you are adequately protected in offering care-related services.
Get in touch with our care insurance experts by calling
WHAT DO CARE HOME OWNERS SAY ABOUT US?
Don’t take our word for it, we are proud to display the positive feedback we recieve – here’s what care home owners say:
Highly recommend their services! Great support and customer services, problem solver oriented. I have only good impresions and words until now. Keep up the good work!
We have utilised the services of ALDIUM for around three years, The team there have provided us with excellent service, are courteous, efficient and clearly understand The Care Sector
I would like to thank ALDIUM for all the help and attention to detail they have provided during our recent negotiations to bring my Care Home insurance business back to them.
