Western's Childcare Centre Insurance Program Offers Customized Protection
Western Financial Group has decades of experience protecting Canadian childcare centres. Western’s Childcare Centre Insurance Program can be customized for licensed commercial and home-based daycares, pre-schools, before-and-after school care, and private schools.
Sarah Vanlerberg, Commercial Manager, Western Express Business, in Cranbrook, B.C., explains how Western’s exclusive Childcare Centre Insurance Program meets the insurance needs of childcare providers.
Why choose Western for childcare insurance?
Western has decades of experience protecting the Canadian daycares as an insurance broker with its exclusive Childcare Insurance Program.
We have a program that is tailored to meet the insurance requirements for licensed daycares and we can tailor it and provide additional coverages that larger centres might require. We can also provide coverage for a licensed home daycare with 10 children or less.
Western’s Childcare Centre Insurance Program is competitively priced, offers a wide range of insurance coverages for childcare centres, and has an efficient claims process.
What are the key features of Western’s Childcare Centre Insurance Program?
Abuse liability coverage and general liability coverage (covers third-party injury and property damage) are key features of Western’s insurance coverage for childcare centres. Abuse liability coverage is automatically $500,000, but higher limits are available. Some carriers don’t offer abuse coverage, but Western does as part of basic coverage for childcare centres.
What other types of insurance are offered under Western’s Childcare Centre Program?
Western’s childcare centre program cover the property if a daycare is renting their space or if they own their property with a coverage limit they choose.
We offer legal assistance coverage and also offer directors and officers coverage for childcare centres that have a board of directors and want their board to be protected from legal claims.
Additional coverages such as earthquake coverage, employee dishonesty coverage, business interruption insurance, coverage for monies and securities, employers’ liability, and non-profit coverage are offered under Western’s childcare centre insurance program.
Western’s program does provide wide coverage for childcare centres that are fully licensed according to their provincial guidelines. Our turnaround rate is very quick to get insurance coverage.
Where is Western’s Childcare Centre Insurance Program offered?
Western’s Childcare Centre Insurance Program is offered in British Columbia, Alberta, Saskatchewan, and Manitoba. We hope that Western’s program will eventually be offered nationally.
What’s the process when a daycare wants insurance coverage under Western’s program?
We have an application form that they do complete and there’s a brief description of each coverage that’s offered so that the daycare operators understand how they would be covered. The good thing about Western’s coverage is that it's a comprehensive package.
As an insurance broker, we are not shopping for coverage from different insurance carriers. It's one set of wordings for this program that is reviewed upon and agreed upon by Western and childcare centre insurance provider, Northbridge.
What makes Western’s program attractive to childcare centres?
We have a very competitive rating within the marketplace and a very high retention rate for our Childcare Centre Insurance Program.
The program is flexible. We have different deductible options. We can offer only liability and abuse coverage. Childcare centres/daycares can choose their deductibles and coverage limits within the price range they would like.
What happens when a daycare files a claim?
We’ve had water damage claims, fire claims, and abuse allegations.
When a childcare centre informs us of a claim, we take the information and use a designated claim service for Northbridge and send them that claim. We let the clients know if they don't hear from somebody within 24 to 48 hours to please let us know and we can look into it. We also contact a client to find out how the claims process is going. We’re there for our clients.
Protecting Children Starts with Protecting Your Childcare Centre. Western’s exclusive Childcare Centre Insurance Program can provide you with policy coverage options that you can choose for your childcare centre's specific needs.
