If you’re closing up shop at your Residential Care Facility for the Elderly (RCFE), you’re probably already thinking — maybe even dreaming — about what you’ll do next. Don’t focus too much on the future, though. Until your license is officially terminated and you’ve fully closed your doors, you’re still on the hook for a…
When you want to insure a property that’s already functioning as a Residential Care Facility for the Elderly (RCFE), the boxes to tick are fairly standard. You’ll need a general liability policy to defend your facility against its legal exposures, for example, and commercial coverage for the property itself. If you’re thinking about building your…
When you run an RCFE, you need to do quite a few things to ensure your business functions well and best serves its residents. That includes maintaining a safe and compliant residence. If you don’t comply with local zoning and building code, you could find yourself in a lot of trouble. Of course, it could…
If you’re looking at opening a second location for your Residential Care Facility for the Elderly (RCFE), things are probably going pretty well. You feel solid with the team you have in place, and confident that you’re providing quality care for your residents. You’re ready to take on a new challenge. And, undoubtedly, your second…
Climate change is impacting the frequency, severity, and scale of natural disasters. Insurance providers are taking note, evolving their coverages — and their pricing models — to offer their insureds the necessary protections while also safeguarding their profit margins. That’s impacting every business and individual carrying property and casualty insurance. Residential Care Facilities for the Elderly…
Ideally, your Residential Care Facility for the Elderly (RCFE) functions day after day without major issue. But things happen. And when they do, you want to have a plan in place to protect your residents, your profits, and your facility’s reputation. The right insurance coverage goes a long way here. Let’s look at a few…
The right insurance portfolio goes a long way toward protecting your Residential Care Facility for the Elderly (RCFE). With proper coverage in place, you get a place to turn when things don’t go the way you expect. That, of course, means a strong liability insurance policy. But you shouldn’t necessarily stop there. Here are seven…
A liability insurance policy goes a long way toward protecting your Residential Care Facility for the Elderly (RCFE). If one of your residents gets hurt at your facility, for example, this policy can step in to cover the resulting expenses if you’re found liable. At least, that’s the case if the incident is covered under…