Client has nursing homes in various states

Client saved

 

• “A” rated carrier provided limits of $1,000,000 per claim and $3,000,000 annual aggregate
. • Client assumes an SIR of $250,000 per claim. No collateral requirement.
Client’s premiums were reduced 48% from previous 1st dollar coverage moving to $250,000 SIR.
• Client’s fully develop loss pick was 24%
. Thus, a net cost savings of 28%.
• Client’s utilizes a Segregated Cell