Independent living communities traditionally have been set up much like apartments or condominiums. They’re most appropriate for seniors who don’t require assistance with daily activities, such as dressing or bathing, but seek a community of elders who may share meals and activities together as they choose. But like most of the senior living industry moving forward, these communities are evolving to accommodate an aging population with different demands. More home- and community-based services initiatives are being implemented for seniors living in apartment complexes or 55+ communities. This means a greater level of a la carte services are being offered, mirroring more of an assisted living feel at a lower cost delivery with unbundled services.
Other advances we’ll be seeing is an evolution of continuing care facilities. These communities are a combination of independent living communities, assisted living facilities, and nursing homes – designed to provide a constant home for people that enter in a retirement community-type setting up to their final days.
K&B: In synch today with tomorrow’s vision of eldercare.
K&B Underwriters, a leading program administrator in senior living, has developed an innovative solution that is designed to help mitigate risk and insure independent living facilities today and as they evolve. Our comprehensive insurance program, DigniCARE, addresses the diverse exposures faced in this industry, and our values-based risk management approach provides proactive support and programs that put the wellbeing of the residents first and promote staff engagement throughout the organization. This novel approach helps facilities mitigate risk, stem losses, control costs, grow their bottom lines and build an environment that enables them to do what they do best: value the dignity of each and every individual and continue to deliver care in a compassionate manner.
As a K&B broker partner, you can provide your clients with the following key coverages through DigniCARE: General Liability, Employee Benefits Liability; Sexual Misconduct; Commercial Property; Business Auto, Workers Compensation. In addition, K&B provides DigniCARE insureds with risk management services at no additional cost.
Contact our specialized underwriters to discuss our program for independent living communities.
Please give us a call at 855.883.6306, complete the form on this page, or look at our territory map to locate an underwriter near you to find out more about the K&B difference and how to partner with us as a broker.