Over the last several years, mental health organizations have had to balance caring for vulnerable patients with the uncertainties of the unknown.

It's more important than ever for these organizations to have the strongest, most flexible, and innovative liability coverage available so they can protect themselves from financial risk. However, a general liability insurance policy covering bodily injury and property damage is only the start of what mental health services organizations should have.

"Mental health organizations want an insurance company that not only understands today's risks but also looks to the future to protect what could happen next," says Brittney McLaughlin, Assistant Vice President at Philadelphia Insurance Companies (PHLY). "They want a partner they trust to look out for them."

As one of the most well-known and respected insurers for mental health organizations, PHLY offers the liability coverages they need. Policy options include Comprehensive General Liability with limits to $1M for each occurrence/$3M aggregate and large excess limits, along with cutting-edge solutions for the latest risks - all at a cost that fits their budget.

PHLY Has Been Setting the Standard for Mental Health Organization Insurance for Decades

With more than 25 years of experience with mental health services organizations and their insurance needs, the underwriters on PHLY's team bring a depth and breadth of knowledge that's hard to duplicate.

PHLY offers primary medical malpractice insurance coverage for physicians while they are working for PHLY-insured organizations. This is not offered by many other insurers.

And as the largest insurer in this sector, we have a large risk pool that will benefit these organizations. "They can count on stable pricing from year to year and don't have to worry about increases that may not fit their budget," says Valerie Beatrice, Product Specialist at Philadelphia Insurance Companies.

"Mental health organizations can also benefit from PHLY's claims experience. They can get a loss trend analysis report on their claims activity to help them uncover risks and develop solutions," McLaughlin says.

Recognizing Key Risks Such as the Opioid Epidemic, Suicide, and More

Our knowledge and experience gives us a unique perspective on what mental health service organizations need. PHLY recognizes how fast-developing circumstances and new coverage gaps are changing what needs to be protected.

Unlike some other insurance companies, we offer benefits that range from practical to potentially life-saving:

• PHLY recognizes the opioid epidemic and covers a life-saving medical aid.

The drug Naloxone has become a lifesaver for its use in reversing overdoses. PHLY created an endorsement to cover dispensing this drug, or a reasonably equivalent drug, in response to an opioid overdose as permitted by applicable state or federal law. This endorsement can have a huge impact on survival during an emergency.

• PHLY recognizes suicide risk and provides prevention resources.

Suicide is one of the top ten leading causes of death in the U.S. Mental health organizations' vulnerable clients are especially at risk. In partnership with the Education Development Center, PHLY holds seminars to provide an overview of how suicide prevention methodologies such as Zero Suicide can effectively reduce suicide rates in a variety of organizations and settings.

• PHLY recognizes and provides coverage for changing employment practices.

Recent changes in hiring practices mean businesses are bringing more contract employees on board than ever before. PHLY now offers liability coverage for licensed contract professionals who are working for PHLY-insured organizations if those professionals don't have their own coverage.

PHLY Offers Mental Health Organizations Benefits Beyond the Ordinary

In addition to insurance coverage, PHLY offers no-cost risk management programs such as driver training, employee screening, and online abuse prevention training that can make a difference in employee satisfaction and the mental health organization's safety and administration.

Further, many companies take advantage of PHLY's free online training courses and add them to grant applications. This addition can potentially increase the funding organizations receive.

We view insurance for mental health organizations as more than just business. It's personal. We're committed to our customers - and not only as claims examiners, underwriters, and risk managers. We routinely volunteer in support of our customers' charitable activities. We stand together to help make a difference.

Mental Health Organizations Deserve an Insurer that Understands Their Needs

Mental health services organizations are dedicated to helping those affected by mental illness. They should be protected by an insurance company just as committed to their wellbeing and always looking for better ways to serve them.

With PHLY's vast experience in the human services sector, our forward-thinking coverages, our budget-friendly premiums, and our AM Best A++ (Superior) Rating for financial stability, it's hard to find another company that does as much.

Find out more about what PHLY can do for mental health services organizations.