Insurance

Healthcare Construction Insurance 

Risk management for a Subcontractor working in the healthcare construction industry is both complex and continually changing. How you respond to issues such as contractual requirements, job site safety, quality control/quality assurance, and other liability exposures will directly impact your bottom line. The resources on this page outline standard healthcare construction insurance requirements, coverage items to consider when working on a healthcare project, risk management resources/materials that can help control your losses, and an insurance program option that was designed to meet the needs of subcontractors working on healthcare construction projects. 

Coverage Items to Consider

Owner Controlled Insurance Programs (OCIP). Also known as “wrap-ups,” OCIPs cover Owners, Contractors, and Subcontractors and provide insurance for general liability (CGL), builder's risk, workers’ compensation, design errors, and omissions. 

Here's what to look for when working under a wrap-up:

• Coverage for their work performed off site.
• Coverage for maintenance or warranty work after the project is completed.
• Additional Insured Requirements
• Waiver of Subrogation
• Design Build Contractors – Potential Professional Liability Coverage  
• Pollution Liability – Depending on the scope of work 

BASA Insurance Program Overview

• Pre-qualified carriers and coverages that meet healthcare construction and other stimulus project requirements
• Financially stable carrier committed to the construction industry
• Preferred group pricing
• Excess Wrap-Up coverage over OCIP or CCIP projects
• Reduced minimum premiums to protect against work slow down or an increase in the amount of wrap-up work.
• Monthly reporting
• Contractor Design Services Extension

Risk Management Resources/Training Information

Visit Zurich Risk Management Services for more information

Common Healthcare Construction Insurance Requirements 

View Sample Insurance Endorsement