Residential Home Insurance

Insurance for the Care Sector.

RESIDENTIAL HOME INSURANCE 

As specialist care insurance brokers,  ‘Aldium4Care’  has looked after the care sector for over 20 years.

Our experts will take the time to learn about your residential home and your insurance needs and have access to market leading insurers and exclusive schemes.

Once you have spoken to our experts they will then search the insurance market to find the best quote for you, providing you with both affordable and suitable insurance for your business.

To request a quote, simply enter your details and one of our care
specialists will contact you.

You can also call us directly on 0151 353 3880.

GET A QUOTE

WHAT DOES RESIDENTIAL HOME INSURANCE COVER?

Your residential home insurance policy will contain a number of different sections, some of our key covers can include:

BUILDINGS COVER

This will compensate you for the cost of rebuilding, repairing or renovating your care home property in the event that it is damaged by an insured peril such as fire or flood.

CONTENTS COVER

Your home will be full of different types of business contents, This can cover items such as medicines, vaccines and controlled drugs in addition to your usual contents such as furniture and other fixtures.

EMPLOYERS’ LIABILITY

Employers’ Liability Insurance is a legal requirement if you employ anyone.
This will cover you for any compensation amount and legal costs if an employee claims compensation for a work-related illness or injury.

PUBLIC LIABILITY

Public Liability covers your business against claims to cover damages and legal costs that people may make against your business. These claims may arise from; Residents, suppliers, members of the public or visitors.

MEDICAL MALPRACTICE

Medical malpractice cover is an essential cover for any health and social care provider. It can cover legal expenses and compensation if a claim arising from malpractice, neglect or abuse is made.

RESIDENTS EFFECTS

In addition to your business contents, you can arrange cover to protect the possesions of your residents and service users against theft or other damage.

BUSINESS INTERRUPTION

Business Interruption cover is an insurance coverage that replaces income lost in the event that business is halted due to direct physical loss or damage such as fire or flood. 

LEGAL EXPENSES

Commercial Legal Expenses is generally designed to assist you in getting expert legal advice for circumstances such as an employment tribunal or a contract dispute. It could provide cover for legal representation and cover for legal expenses in the event of a claim.

WHY CHOOSE ALDIUM4CARE?

Aldium has access to market leading insurers and we work with them on your behalf and Aldium also have access to an exclusive insurance policy with the UK’s largest insurer that is underwritten by Aldiums trading divison Accuro Underwriting.

EXTENSIVE KNOWLEDGE

Our care team will take the time to understand you and your business and help indentify what protection you need. Our staff are dedicated to the care sector and spend their day looking after our care clients.

EXCELLENT CUSTOMER SERVICE

Residential Home Insurance isn’t just a once a year event. Your needs may change throughout the year or new regulations may be introduced. Whether you have a question about your policy or need help with something else our team will be here to help you with it.

COMPETITIVE PRICES

Once we understand your care insurance needs we will then approach our panel of insurers to find the most competitive package for you. We will send them our presentation of your home so they can better understand your business.

CLAIMS SERVICE

It’s something you hope never happens but should you need to make a claim our in-house claims manager will be on hand to manage your claim.

DO I NEED INSURANCE FOR MY NURSING HOME ?

An insurance policy has a core purpose which is an arrangement by which a company undertakes to provide a guarantee of compensation for specified loss, damage, illness, or death in return for payment of a specified premium.
Insurance policies for residential homes can contain a combination of many common covers found in most commercial insurance policies however also has increased covers to offer protection to businesses that provider care for the elderly including those who are affected by dementia, children, disabilities or with mental health problems.
It is a statutory requirement to ensure your care business has adequate insurance in place as part of the Care Quality Commission ‘CQC’ standards (CIW – Wales, CI – Scotland).

Whilst there is common covers, many insurance policies are not suitable for residental homes because you require specific insurance covers will ensure you are adequately protected in offering care-related services.

Get in touch with our insurance experts by calling 0151 353 3880

WHAT DO OUR CLIENTS SAY ABOUT US?

Don’t take our word for it, we are proud to display the positive feedback we recieve – here’s what care providers say:

Highly recommend their services! Great support and customer services, problem solver oriented. I have only good impresions and words until now. Keep up the good work!

Aldium Client

We have utilised the services of ALDIUM for around three years, The team there have provided us with excellent service, are courteous, efficient and clearly understand The Care Sector

Care Home Owner

I would like to thank ALDIUM for all the help and attention to detail they have provided during our recent negotiations to bring my Care Home insurance business back to them.

Care Home Owner

Protecting Your Residential Home

An insurance policy has a core purpose which is an arrangement by which a company undertakes to provide a guarantee of compensation for specified loss, damage, illness, or death in return for payment of a specified premium.

Whilst we would all love insurance to be that 5 minute task that comes around once per year it isn’t. It is a lifeline extension of your business that can make the difference in a time of need whether or not your business can survive a claim. Whether it’s a storm, a theft or an injured employee.

Aldium4Care will take the time to get to know you and your residential home and review your insurance needs in full.

GET A QUOTE

OTHER CARE SECTOR INSURANCE

Please take a look at the following insurance products we can help with:

Domiciliary Care Insurance

Childrens Care Insurance

Supported Living Insurance

Care Property Owners Insurance

Engineering Cover

Cyber Insurance

Request a Quote

Enter your details below and one of our care specialists will contact you shortly.

Select as appropriate.

Latest News

Supported Living

The Essential Guide to Reviewing Your Care Home Insurance: Inflation and the Risks of Underinsurance

As a care home owner or operator, you understand the importance of providing a safe and secure environment for your residents. Comprehensive care home insurance is a critical component of[…]

Read more
Supported Living

Comprehensive Care Home Insurance: Protecting Your Facility and Residents with Expert Broker Services

As a care home owner, ensuring the safety and well-being of your residents is of utmost importance. One vital aspect of safeguarding your facility and its occupants is having the[…]

Read more
Care Home 10 Reasons to Review Insurance

10 Reasons Why Care Home Owners Should Review Their Insurance Policies in 2023: A Guide for UK Care Providers

As a care home owner, ensuring the safety and well-being of your residents is your top priority. Insurance is a crucial part of managing risk and protecting your business, but[…]

Read more
Menu