insurance for youth service providers
Westwood will work with you to ensure your youth service provider clients have adequate coverage for every threat they could face.
General Liability Insurance
General Liability insurance cover medical expenses and attorney fees which result from bodily injuries and property damage that your company or organization could be legally responsible for.
Professional Liability Insurance
Professional liability insurance, also known as errors and omissions insurance (E&O), protects your business against claims of negligence, malpractice, errors, and omissions which may have occurred during the fulfillment of a professional service.
Directors and Officers Liability (D&O) insurance
D&O insurance (Directors and officers liability insurance), shields the personal assets of company directors and officers, and where necessary, their spouses, from claims which could arise as a result of the decisions they made and actions they took within the scope of their regular duties.
Cyber liability insurance covers the financial costs associated with a breach of your cyber security, such as a ransomware attack. It also covers first party costs including event management, data restoration, financial costs to third parties, network interruption, and cyber extortion.
HNOA, (hired non-owned auto insurance) is designed for organizations who regularly hire vehicles or require employees to use their own vehicles in the course of their work. In the case of an accident where your employee was liable, it could cover physical damage to that other person’s vehicle, medical expenses, the cost of hiring an attorney to defend your business.
Workers’ Comp. Insurance
Workers’ compensation insurance covers your employees for workplace injuries or illness. It provides them with medical and wage benefits.
This coverage is mandated by each state, with the wage and medical benefits varying from state to state. Workers compensation also protects business owners from civil suits by workers who become injured on the job.
Employment Practices Liability
Employment practices liability insurance (EPL insurance or EPLI), covers employers (PDF) against claims made by employees for:
- Discrimination (based on sex, race, age or disability, for example)
- Wrongful termination
- Failure to promote and other employment-related issues
Environmental Liability insurance
Environmental Liability insurance is liability insurance specifically designed to protect environmental liabilities. This is a specialized form of general, commercial liability insurance that provides financial protection against litigation and clean-up costs resulting from claims of injury or damage caused by pollution, contamination or hazardous waste disposals.
Property Insurance covers unexpected damage or loss to property. The policy can be purchased to cover both structures and contents, which are separate policies in many cases. Property Insurance covers physical structures, not land. Medical facilities and aged care facilities need property insurance to cover the real property and all fixed items such as furniture, medical equipment, art works and tapestries.
Crime Insurance covers the insured party a reimbursement if their property is damaged due to a crime. Crime Insurance usually has a huge range of options and comes in different forms. It can be either a rider that can be attached to the existing insurance policy, or it is available as a completely separate product.
Auto insurance is a type of liability insurance coverage, usually mandated by law, for all mechanically propelled vehicles. It provides protection against losses resulting from traffic accidents and against liability that could also arise therefrom. A medical or aged care facility would typically have auto insurance on their fleet of vehicles as well as for any vehicles transporting patients to and from the facility.
Fully/Partially Funded insurance
Partially Funded insurance gives facilities the opportunity to pay a set premium for, and then in turn is partially covered for specific risks.
Fully Funded Insurance allows facilities to pay premiums to have coverage against all risks. In return, if they are unfortunate enough to incur any of the covered loss or injury, they are reimbursed their insurance policy amount.
Excess and umbrella coverage
Excess coverage provides an additional layer of protection over and above what an underlying policy provides. It applies to a single policy only.
An umbrella policy on the other hand, provides additional liability coverage over and above what is provided by a number of underlying policies.
youth service providers require special coverage
Youth service providers face many challenges in today’s demanding environment. They must be able to provide quality services that meet the needs of their clients, while also dealing with budget cuts and other financial challenges. Additionally, they often have to deal with difficult behavioral issues among their clients.
As a result, it can be difficult for youth service providers to maintain a high level of quality in their services.
One of the biggest challenges faced by youth service providers is budget cuts. In recent years, many government agencies have reduced funding for youth services, which has made it difficult for these organizations to maintain their programs.
Additionally, private funders have also been cutting back on their support for youth services. As a result, youth service providers have had to find ways to economize their operations and stretch their resources. This has often meant reducing the number of staff members or cutting back on program offerings.
Another challenge faced by youth service providers is dealing with difficult behaviors among their clients. Many young people who receive services from these organizations have problems with violence, drug use, or other risky behaviors. As a result, youth service providers must be prepared to deal with these issues in a sensitive and effective manner. Additionally, they need to be able to provide support and guidance to help their clients make positive changes in their lives.
As a professional agent, you should ensure that your youth service provider clients are covered with general liability insurance to protect them from any third-party lawsuit alleging failure to provide quality services, or any other type of claim. Professionals who work with the organization must also have professional liability insurance to give them the peace of mind they need to continue providing quality services, knowing that they are protected financially if something goes wrong.
When you work with the Westwood Insurance Group, you will have professional support, to help you find the policies that best suit your youth service provider clients, ensuring they have the best protection available.