Care providers reporting hike in insurance premiums

Mike Padgham runs a nursing home and three care homes at Saint Cecilia’s Care Group

Care providers are reporting that their insurance premiums have ‘risen exponentially’ as a result of the Covid-19 pandemic. Mike Padgham, who runs a nursing home and three care homes at Saint Cecilia’s Care Group in Scarborough, Yorkshire, previously paid £10,000 per year but when it came to renew his policy he was quoted £98,000, a…

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