Childcare programs are exposed to a variety of possible risks by the work they do, and many of these risks can be quite serious. A single incident could potentially result in a devastating tragedy and expensive lawsuit, and this type of liability risk doesn’t even take into account perils that could destroy property. While fully insulating childcare programs from all potential risks may not be practical, daycare insurance gives programs in Massachusetts a way to protect themselves from many of the risks that they face.
Daycare insurance is a specialized type of commercial insurance that’s specifically designed for childcare programs. Most policies are underwritten as package policies that come with multiple coverages, and programs can often customize the coverages in their particular policy so that the coverages suit their situation.
The vast majority of childcare programs located in Massachusetts should consider getting child care insurance, for programs are rarely without risk and this is generally the best way to insure against the risks that these businesses face. Some examples of particular businesses that may benefit from having a policy in place are:
