Ponce de Leon - Affordable Liability Insurance For Long-Term Care Facilities

Membership

How to Become a Shareholder...
Open to qualified long-term care facilities in Florida Stock purchase required/one time charge $33 per licensed bed, or $200 for one share Shareholder must accept risk management and claims protocols


Shareholder Benefits....
Access to quality coverage Competitive prices Discounts available to Association members (FALA, FHCA, HCAF and FAHSA) in good standing subject to verification Book value of stock doubled since inception


Limits Available: Combined GL/PL....
$50,000 / $50,000 $50,000 / $150,000 $50,000 / $200,000 $100,000 / $200,000 $100,000 / $300,000 $250,000 / $500,000 $500,000 / $500,000 $500,000 / $1,000,000 $1,000,000 / $1,000,000 $1,000,000 / $3,000,000

Split limits and additional limits available

Coverage Highlights....
Claims Made and Occurrence Policy Forms Available Per-Claim Minimum Deductible: $0. Per-Claim Maximum Deductible: $100,000. Punitive Damages Excluded Defense Costs Outside Limits. Sexual / Physical Abuse - Up To $500,000 Sub-Limit Risk Management Protocols Required Claims Management Protocols Maximum Term - One Year Coverage For Home Health Care Agencies Available Including Non-Owned and Hired Auto "A Exceptional" Rated by Demotech A.M. Best "A" Rated Reinsurers


Submissions Should Include....
Application for each location Five years' loss runs valued within 90 days. Latest state survey, plan of corrections, and compliance form. Current State License Most recent financial statements Skin care protocols Copy of elopement procedures Fall Procedures Resumes of Administrator, Director of Nursing and Risk Manager	Current CMS 671 & 672 (Skilled Nursing Only) Quality Indicator Reports (Skilled Nursing Only) CCRC's-Submit copy of admission agreement

Contact us to apply for membership

Financial Stability

RRG Basics

Membership