DOES YOUR ADOPTION AGENCY HAVE INSURANCE?

I saw this on my google alerts. An insurance company is offering insurance to adoption agencies. I have heard that the NCFA tells agencies that they don't need it. HMMMMM. I beg to differ when so many agencies are having issues with tort claims and RICO charges.

Here is the link. Here is the story.

National News

Philadelphia Insurance Broad Form Has Adoption Agencies Covered

July 10, 2008

Philadelphia Insurance Companies has a new insurance product for adoption agencies with what it says is one of the broadest coverage forms in the market.

PHLY's new adoption agencies' product offers comprehensive coverage for general liability, professional liability, property, inland marine, crime, abuse and automobile.

Acceptable classes include Hague-accredited agencies handling both domestic and international adoptions. Adoption exposures written in conjunction with otherwise acceptable social service operations are also eligible.

Source: PHLY
www.phly.com