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

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