Senior Care Insurance Market Update
… carriers will offer $10 million limits on excess layers, though $5 million per carrier is the average limit in an excess program. However, with many markets emerging, it has become easier to fill up a tower at competitive rates. Retentions Shifting Higher Small, single-location facilities in favorable venues may still have first-dollar coverage; however, larger deductibles and self-insured retentions up to $500k each occurrence are standard for the larger operators who wish to take on more risk and premium savings. Some markets can offer inner aggregate risk corridors to offset premium increases. The most sophisticated operators …
https://www.epicbrokers.com/insights/senior-care-insurance-market-update/