Care Home Insurance

What Does Care Home Insurance Cover?

Our key covers include:

Buildings

Our buildings’ policy would compensate you for the cost of rebuilding, repairing or renovating your care home in the event it gets damaged or destroyed by an insured event.

General Contents

A general contents’ cover protects the contents (including appliances, furniture, and equipment) within your care home premise against theft and damage.

Computer Equipment

Computer equipment insurance provides coverage and protection against loss or damage to computers and any related hardware in your care home.

Portable Equipment

A specialised policy focused on protecting portable equipment, including mobile phones, laptops, and cameras that are installed on your care home premise.

Residents and Service User’s Personal Effects

Covers the possessions of your residents or users against theft or property damage.

Tenants’ Improvements

A cover against damage or loss of improvements made to your care home for the benefit of (or by) your residents.

Employers’ Liability

In the UK, employers’ liability insurance is a legal requirement if you employ anyone. This policy covers compensation payouts and legal expenses if a member of your staff files an accident or injury claim.

Management Liability

Management liability cover protects you and your care home against mismanagement. It covers owners, directors, and management against various risks associated with managing a care home.

Medical Malpractice

Deemed essential for care homes, a medical malpractice insurance policy covers legal expense and compensation if a claim pertaining to medical malpractice, neglect or abuse is filed.

Public Liability

A public liability policy covers your liability towards your residents, clients, suppliers, visitors and members of the public.

Public liability pays for compensation, medical expense, and legal costs if one of the aforementioned parties file an accident, injury or property damage claim.

Products’ Liability

Covers the cost of legal action and compensation in case of third-party injury or accident claims associated with the products used at your care home.

What is Care Home Insurance?

Care home insurance consists of a combination of covers designed to offer protection to registered and recognised UK-based charities that provide care for the elderly, for children, for disabled individuals and for people with mental health problems, such as dementia.

Regular business insurance is not adequate for care homes because they are specialised institutions offering care-related services.

If you are running a care home insurance in the UK without a comprehensive policy in place, you are putting your primary clientele, employees, and business in a vulnerable position.

IC Insurance can help by identifying the risks your care home faces and then collaborating with partner insurers to create a bespoke insurance plan that mitigates your risks and offers reinforced protection to your business.