Commercial property
Commercial property capacity for eligible buildings, business personal property, and related senior living exposures.
Senior Living Insurance
Wholesale property and liability
for senior living facilities
Greenwood General gives retail agents and brokers wholesale market access to senior living package solutions with higher Property and General Liability capacity for assisted living, skilled nursing, memory care, rehabilitation, adult day care, and therapy center risks.
Senior Living Package Program
Wholesale coverage for senior care operations
This program supports a broad range of senior care, rehabilitation, and therapy operations with commercial property and commercial general liability, subject to underwriting. Explore all of our wholesale commercial insurance markets.
Target senior living classes
- Assisted living facilities
- Skilled nursing facilities
- Memory care facilities
- Rehabilitation centers
- Adult day care centers
- Therapy centers
Available Coverages
Coverage options for senior living accounts
Build a package around the facility's property values, premises exposure, care operations, catastrophe profile, and contractual requirements.
General liability
Commercial general liability for common facility, premises, and visitor liability exposures.
Blanket limit capacity
Up to a $500 million blanket limit per occurrence, subject to underwriting and policy terms.
Flood sublimit
Up to a $100 million flood sublimit in non-critical flood zones, subject to underwriting.
Program Highlights
Flexible property capacity for
senior care facilities
The program is designed for larger senior living accounts that need broader property capacity and underwriting flexibility, subject to underwriting.
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01
$4M minimum TIV
Built for mid-size and larger senior living properties rather than small standalone schedules.
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02
Up to $35M TIV per location
Meaningful per-location capacity for eligible facilities and portfolios.
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03
No West Coast building-age restriction
Older West Coast properties may be considered based on condition, updates, protection, and underwriting.
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04
No sprinkler-status restriction
Both sprinklered and unsprinklered facilities may be reviewed, subject to account-specific underwriting.
Eligible Operations
Senior living risks we can consider
Final eligibility depends on the facility's services, resident profile, staffing, construction, life-safety features, protection, loss history, and requested coverage — subject to underwriting.
Residential care
- Assisted living facilities
- Memory care facilities
- Senior residential communities
- Continuing care operations
- Multi-building senior living campuses
Skilled care and rehabilitation
- Skilled nursing facilities
- Rehabilitation centers
- Post-acute care facilities
- Therapy centers
- Related care operations
Day and support services
- Adult day care centers
- Senior wellness programs
- Outpatient therapy operations
- Support-service facilities
- Other eligible senior care risks
Submission Requirements
What to submit for a senior living insurance quote
A complete submission should clearly explain the facility's operations, resident profile, property values, life-safety systems, loss history, and requested coverage.
Recommended submission documents
- ACORD applications — Complete forms for the requested Property and General Liability coverage
- Senior living supplemental — Facility operations, care levels, resident profile, and risk controls
- Statement of Values — Per-building replacement values, construction, year built, and square footage
- Currently valued loss runs — Include details and corrective action for significant claims
- Life-safety information — Sprinklers, alarms, evacuation plans, and protection features
- Occupancy and care information — Licensed beds, resident count, occupancy, and services provided
Senior Living Insurance FAQ
Frequently asked questions
Straight answers to common broker questions about senior living Property and General Liability placements.
What senior living operations are eligible?
Assisted living facilities, skilled nursing facilities, memory care facilities, rehabilitation centers, adult day care centers, therapy centers, and related senior care operations may be considered, subject to underwriting.
What is the minimum TIV?
The program is designed for accounts with at least $4 million in Total Insurable Value, subject to underwriting.
What is the maximum TIV?
Property capacity is available up to $35 million TIV per location, subject to underwriting.
Are older buildings eligible?
Yes. There is no building-age restriction for West Coast states, although building condition, system updates, and protection remain underwriting considerations.
Are unsprinklered facilities considered?
Yes. There is no sprinkler-status restriction, but life-safety controls and account-specific protection features will still be reviewed, subject to underwriting.
What is the blanket limit?
The program offers up to a $500 million blanket limit per occurrence, subject to underwriting and policy terms.
Is flood coverage available?
Up to a $100 million flood sublimit may be available in non-critical flood zones, subject to underwriting.
How long does quoting take?
Turnaround may take up to two weeks depending on the complexity of the risk and the completeness of the submission.
Is Commercial Property coverage available?
Yes. The program is designed to provide higher-limit Commercial Property solutions for eligible senior living facilities, subject to underwriting.
Is General Liability available?
Yes. General Liability may be included as part of an eligible senior living package placement, subject to underwriting.
Is a Statement of Values required, and what else speeds underwriting?
A Statement of Values with per-building replacement values, construction, year built, and square footage is recommended. Underwriting also reviews care levels, occupancy, sprinklers and life-safety systems, flood exposure, staffing, and loss history.
Do brokers need to be appointed before submitting?
No. Brokers may submit a senior living risk before completing an appointment with Greenwood General.
Ready to Place
Have a senior living risk ready to quote?
Send the submission for access to higher-capacity Property and General Liability package markets for eligible senior living facilities — or contact underwriting to confirm eligibility.