Turbocharge Senior Living Savings with D&O Insurance Review

Why D&O Insurance is Essential

The senior living industry is fraught with unique challenges, including regulatory compliance, resident care standards, and financial management. D&O insurance helps mitigate the risks associated with these challenges by covering legal costs, settlements, and other expenses that might arise from lawsuits. For instance, if a resident's family sues a facility for alleged negligence, the legal defense costs can be substantial. D&O insurance ensures that these costs do not cripple the financial stability of the facility, allowing it to continue providing quality care without interruption.