Different Daycare Insurance Products
Nothing delights parents more than the convenience and personal touch of a topnotch daycare within a home environment.
As an in-home daycare provider, you know that your clients want what’s best for their children, and you’re eager to provide that for them. But even though they trust your competence, parents can be expected to have some concerns about the future. Daycare centers have a huge responsibility of taking care of the children while the parents are away. Like any other business, this too needs insurance to protect itself from any claims and liabilities which may arise in due course.
Different Types of Daycare Insurance Products are mentioned below : 1. General Liability Insurance: Also termed as slip and fall insurance, this covers: • Physical Injury: If a child gets hurt while playing on your premises, you might face a lawsuit by the parents. The legal costs will not be a burden if you are insured, • Property: It is advisable to get various supplies and furniture in the day-care center insured lest you should end up paying from the pocket every time any damage occurs. • Personal injury: Your competitors might not leave any stone unturned to defame and spoil your reputation. Slandering will not harm your reputation if you have the insurance cover. 2. Homeowner Policy Insurance: Chances of vandalism, theft, damage to property, and other contingencies can never be gauged with perfection. To mitigate any legal costs arising out of such cases homeowner policy insurance should be taken.
3. Errors and Omissions Insurance: Commonly known as Malpractice Insurance or Professional Liability Insurance, it will safeguard you in case the expectations of the client are not met, or he/she feels that the child is not being taken care of as promised. 4. An insurance cover that covers abuse, molestation, and corporal punishments are advisable.
Contact Us • Experts at Business Insurance Centre will guide you regarding the daycare insurance coverage needed to keep your business safe against any legal suit. Get in touch with them and solicit their advice.
Website: www.businessinsurancecenter.com Phone: 888.585.0511 Email: info@businessinsurancecenter.com