One of the most liable types of businesses include day care centers. Liability in this regards refers to the cost of damage that is incurred in the event of negligence or inattention of the care taker which can either be extreme most especially if the damages affecting the child or children are dangerous or could have dangerous side effects on their minds, body and even growth.
Day care centers are therefore high-risk businesses that could cost you huge amounts of money if you are negligent. It is therefore a given fact that juries are more sensitive to cases wherein a child is reported to be suffering and of course the parents of these children are altogether zealous in ensuring that they are properly compensated regardless of whether or not the condition or injury is risky and serious in nature.
Franchising a day care business offers a way to spread the cost of acquiring home child care liability coverage over greater numbers, reducing premiums for individual businesses. Franchise companies offer the added benefit of sharing their collective expertise in prevention of accidents or illnesses with day care operators.
Many reports have shown and even proven the fact that accidents are a leading cause of death among children between the ages zero to five years. It has also been reported that accidents are the leading cause of all non-fatal injuries treated in emergency rooms all over the world.
Every year, because of the negligence of their care takers or guardians, about three thousand children are injured or killed because of television sets that fall on their heads. About ninety thousand children are disabled from accidental injuries which happen every year. Even so, some family pets could even pose great threats to children who treat them harshly or roughly.
Home child care business liability is essential to cover liability for a child’s welfare in a home day care center. Children are, by nature, very much prone to injuries. As soon as they take those first steps, they are more likely to fall, to climb on things, to slip away from watchful eyes. They tend to be persistent and try again if their first efforts fail.
Children are amazingly resilient, yet amazingly fragile. They seem to have the ability to bounce and get up and do it again if they fall. On the other hand, an unaware adult picking a child up by the arms may pull his or her shoulders out of sockets.
Home child care liability insurance covers actual damages due to negligence or lack of diligence. Also covered are possible long-term damages for a child whose care requirements may change due to an injury. Criminal acts perpetrated by the business person or any other household member are never covered by Home Child Care Liability insurance.
A liability policy covers illnesses caused by food-borne pathogens, and for illnesses contracted by exposure to another sick child in the care program.
Because legal responsibility is such a serious and costly consideration, franchised day care centers offer a viable and often less expensive means of protecting the operator’s assets from the threat of a lawsuit.
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