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Posted on 16 Aug 01
PHILADELPHIA...ProgramBusiness Storefront Owner NewMarkets Insurance Agency, Inc. announced today it is actively looking to appoint agents in the Midwest for its Home Health Care program underwritten by ACE USA Professional Risk. The program is designed for Home Health Care Agencies, Hospice and Respite Care facilities. Coverages and special features include: - Professional liability limits up to $2,000,000 per occurrence, $6,000,000 aggregate
- General and non-owned auto liability limits up to $1,000,000
- License board coverage
- Medical expense coverage
- Defense costs for physical abuse and sexual misconduct up to the professional liability limit
- Deductible options
- Premium discounts available
- Occurrence form
NewMarkets will work with agents ready to produce this class of business, including those who do not have an existing book of business. The program targets licensed home health care businesses of all sizes with operating budgets as large as $100 million or more. There is no minimum premium. Coverage is underwritten by ACE USA. ACE USA, headquartered in Philadelphia, is the U.S.-based operating division of the ACE Group of Companies, headed by ACE Limited (NYSE: ACE). ACE USA provides insurance products and services through the U.S. operating subsidiaries. ACE USA is rated "A" (Excellent) by A.M. Best and "A+" (Strong) by Standard & Poor's. For more information please contact Phil Twietmeyer, executive vice president at 215 640-4650, (philip.twietmeyer@ace-ina.com) or Karen K. Jordan, vice president at 215 640-4281, (karen.jordan2@ace-ina.com). # # #
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