Navigation Links
The Hanover Launches New Insurance Option to Protect Family Members in Assisted Living Facilities
Date:7/17/2009

WORCESTER, Mass., July 17 /PRNewswire-FirstCall/ -- The Hanover Insurance Group (NYSE: THG), a leading super regional property and casualty insurer, today announced the availability of a new product offering that can extend homeowners coverage to provide insurance for family members in assisted living facilities.

(Logo: http://www.newscom.com/cgi-bin/prnh/20051031/NEM023LOGO )

The coverage is more important than ever as the population of people residing in such facilities continues to grow -- today far exceeding 1 million residents throughout more than 36,000 facilities nationwide.

Assisted living care coverage -- which can be added to new and existing Connections(R) Home policies -- is a smart option for customers who have spouses, parents or children living in assisted care facilities. Highlights include:

  • Coverage available for more than one relative; with a separate charge for each
  • Affordable premium for each named person
  • Personal property protection up to $10,000 and includes hearing aids, eyeglasses, false teeth and dentures, contact lenses, media alert devices, walking aids and wheelchairs that may be lost or damaged
  • Personal liability coverage limits of $100,000 or $300,000
  • Additional living expenses coverage of $500 per month up to $6,000 if the facility operation is suspended or it is not fit to live in as a result of a covered loss.

The introduction of assisted living coverage kicks-off the company's "Think Hanover" program, a series of product, service and technology investments that The Hanover is making in its personal lines business in 2009. "Think Hanover" is the tangible embodiment of the company's unwavering commitment to being the best total account writer with an unrivaled sales and service experience for its partner agents.

"While our coverage is not just for seniors, we expect that the number of people who need assistance with daily living will grow significantly as the baby boomer generation ages," said Marita Zuraitis, president of The Hanover's property and casualty companies. "This unique and affordable coverage is just another tool The Hanover is offering to help our agent partners differentiate themselves in the marketplace by offering their customers valuable protection that they may have otherwise gone without."

"The investments and enhancements we plan to make in our personal lines business this year are further indications of our excellent financial position and our steadfast commitment to being the best partner for independent agents. Now, those are great reasons to 'Think Hanover,'" Zuraitis noted.

About The Hanover

The Hanover Insurance Group, Inc. (NYSE: THG), based in Worcester, Mass., is the holding company for a group of insurers that includes The Hanover Insurance Company, also based in Worcester; Citizens Insurance Company of America, headquartered in Howell, Mich., and their affiliates. The Hanover offers a wide range of property and casualty products and services to individuals, families and businesses through an extensive network of independent agents, and has been meeting its obligations to its agent partners and their customers for more than 150 years. Taken as a group, The Hanover ranks among the top 40 property and casualty insurers in the United States.

    CONTACTS:
    Investor Relations              Media Relations
    John F. Reilly                  Amy Lynn Banek
    E-mail: Jofreilly@hanover.com   E-mail: abanek@hanover.com
    1-508-855-3457                  1-508-855-4486


'/>"/>
SOURCE The Hanover Insurance Group, Inc.
Copyright©2009 PR Newswire.
All rights reserved

Related medicine news :

1. The Hanover Insurance Group Elects Harriett Tee Taggart to Board of Directors
2. The Hanover Insurance Group Foundation Donates $20,000 to American Red Cross Disaster Relief Fund
3. The Hanover Insurance Group Completes Acquisition of AIX Holdings, Inc.
4. The Hanover Ready to Serve Policyholders Impacted by Hurricane Dolly
5. The Hanover Extends Schools Program, Making the Grade in GA, KS, MD, and VA
6. The Hanover Seeks to Cut Auto Rates by Up to 30 Percent or More; Shave Three Years Off States Existing Six-Year Surcharge Period
7. National Practice Transition Network Launches as the Country's First Membership-Based, Commission-Free Dental Practice Transition Company
8. MO BIO Laboratories, Inc. Launches PowerFood(TM) Microbial DNA Isolation Kit
9. Technology Collaborative Launches Online Game to Exercise Brain Power of People with Multiple Sclerosis
10. US Farms, Inc. Launches New Aloe Vera Skin Gel Product
11. Regence Launches Effort to Further Health Care Debate
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:2/26/2017)... ... February 26, 2017 , ... NuevaCare, a leading home care agency ... Belmont, and Palo Alto, is proud to announce an important upgrade to its geographic ... for home care close to home, and by having city-specific pages, NuevaCare is answering ...
(Date:2/26/2017)... ... February 26, 2017 , ... IndustryArchive.Org . is announcing a ... Marketing. B2B Sellers will now only pay for B.A.N.T. quality sales leads based on ... IndustryArchive.Org, said, “Given the new reality that B2B buyers are controlling the sales process ...
(Date:2/26/2017)... ... February 26, 2017 , ... ODH, Inc.™ announced today ... 27-28 at the Sheraton Pentagon City Hotel in Arlington, VA. ODH’s director of medical ... behavioral health analytics to improve Medicaid population health management. , ODH will also have ...
(Date:2/26/2017)... ... February 26, 2017 , ... ... (PD) in persons with a specific LRRK2 mutation, according to a study released ... studies have provided evidence of a link between pesticides and incidence of sporadic ...
(Date:2/24/2017)... ... February 24, 2017 , ... ... TaskMate Go. Core benefits and advantages built into the home office sit stand ... look and feel. Ability to gain the benefits embedded in the TaskMate Go ...
Breaking Medicine News(10 mins):
(Date:2/24/2017)... 2017 Research and Markets has announced the ... - 2016" report to their offering. ... The latest research Urinary Incontinence Drugs ... benchmarks in the global Urinary Incontinence market. The research answers ... key drugs marketed for Urinary Incontinence and their clinical attributes? How ...
(Date:2/23/2017)... Feb. 23, 2017  Cogentix Medical, Inc. (NASDAQ: CGNT), ... innovative proprietary products for the urology market, will release ... ended December 31, 2016 before the market open on ... will host a conference call and webcast to discuss ... 9, 2017 at 11:00 a.m. Eastern Time (10:00 a.m. ...
(Date:2/23/2017)... 2017 Research and Markets has announced the ... - 2016" report to their offering. ... The latest research Oesophageal Cancer Drugs ... benchmarks in the global Oesophageal Cancer market. The research ... the key drugs marketed for Oesophageal Cancer and their clinical attributes? ...
Breaking Medicine Technology: