Long Term Care Professional Liability

A Different Approach for Superior Results
IronHealth utilizes a limited distribution network of select brokers for its Long Term Care Professional Liability product. Our objective is to engage firms that have demonstrated a strong commitment to the long term care segment and offer superior expertise and customer service. Our selected brokers proactively market IronHealth Long Term Care Professional Liability products based on the exceptional coverage, security and risk management solutions they offer. Our LTC distribution network includes select wholesalers to provide ancillary access for a wider range of brokers.

For information regarding qualification as a Limited Distribution Partner, please contact Matt Wasta, product manager of the IronHealth Long Term Care Product Group: 860.408.7809 or Matthew.Wasta@ironshore.com.

Market-Leading Coverage Features

• Perpetual Policy Consider the convenience and stability offered to our brokers and your clients by a policy that never expires. We did. The result: An infinite policy term available with monthly billing. Commission is paid annually, up front, on policy inception anniversary. Please note: Should the insured cancel, all unearned commission on return premium must be returned to IronHealth.

Underwriting Capabilities and Coverage Highlights
Primary Coverage

• Claims made and occurrence forms available
• Separate limits for:
• - Professional liability ($1M / $3M)
• - General liability ($1M / $3M)
• - Employee benefits liability ($1M / $3M)
• - Public relations ($100k)
• - Evacuation ($100k)
• - Resident loss of property ($5k / $25k)
• Coverage for the Medical Director whether he/she is an employee for direct resident care
• No minimum earned premium
• 90 days to report claim following policy expiration

Excess Coverage

• Follow-form, claims-made, umbrella coverage with limits up to $10M

Perpetual Policy Term

• Available with monthly billing, as described above, under Market-Leading Coverage Features

Targeted Placements
Not-for-profit and for-profit long-term care entities including independent, assisted and skilled nursing facilities.

Risk Management Services
Annual education sessions sponsored by IronHealth featuring the most knowledgeable and respected risk management experts and service providers in the long-term care industry. Each account will have a minimum budget of $3,250 for risk management services provided by LTC Alliance – a leader in risk management services for the long term care market.

Payment Plans

• Annual or quarterly payment options are available. Quarterly payment option includes no installment fee.
• 10 Pay Plan — 25% down with 9 subsequent monthly installments

Service Commitment
We recognize that every time you recommend IronHealth to one of your valued clients, you put your reputation on the line. In order to help you provide the best service possible, we:

• Acknowledge all submissions within 48 hours of receipt, providing you the name of the assigned underwriter and contact information
• Issue all policies within 5 business days from date of receipt of last subjectivity (if applicable)
• Issue excess policies after receipt of primary policy, but prior to receipt of all underlying policies, provided all underlying binders have been received
• Acknowledge all claim notices within 48 hours of receipt, providing the name of the assigned claims representative and contact information

Please refer to the actual policy for exact coverage descriptions; exclusions and deductibles may apply. Coverages are subject to policy terms and conditions and may not be available in all states.