Comprehensive property insurance coverage for hospitals is available through the Hospital All Risk Property Program, one of the nation’s largest independent hospital joint purchase groups with more than 100 hospitals insured.

This is a group purchase program with no risk sharing and no possibility of future assessments. The program mimics individual placements in that each participant has its own dedicated natural catastrophe limits. The benefits available to hospitals are based upon the principles of an impressive total insurable value of $21 billion, large premium volume, and spread of risk.

The hospital program was created by Alliant in 1989 at the request of a group of independent, not-for-profit, and private hospital groups seeking a competitive property insurance program to meet their unique coverage needs. The program was expanded to include the Association of California Hospital Districts (ACHD) and its members. Today, the program includes members across the nation.

Program Features

  • Broad insuring agreement
  • Coverage is not confined to a schedule; rather the policy can provide coverage for all property of every description of an insurable nature—both real and personal—of the insured. Coverage also includes property of others in the care, custody, or control of the insured for which the insured is liable or under obligation to keep insured wherever located in the United States.
  • Replacement cost for physical damage, including comprehensive and collision damage as an option for automobiles
  • Automatic acquisition of new locations, which allows hospitals to grow without having to go through underwriting approval
  • Blanket fine arts coverage (if scheduled)
  • Course of construction coverage, including delay in start-up
  • Property appraisals every three years for all buildings over $5 million in total insurable value
  • Boiler and machinery is included in the program and covers diagnostic equipment
  • Access to Alliant’s OASYS-Net proprietary software system
  • Additional coverage for pollution-related risks

Hospital Crime Program

Among the joint purchase programs available to members is the crime program. Providing discounted rates and long-term stability, the program also offers spread of risk and coverage/claims analysis. The market is AM Best “A+” rated and provides a variety of coverages for district, not-for-profit, and for-profit private healthcare organizations. Limits are available from $50,000 to $5 million or more for coverages, including:

  • Employee dishonesty
  • Faithful performance for district hospitals
  • Theft (inside and outside premises)
  • Forgery and alteration
  • Computer fraud, including wire transfers
  • Coverage for volunteers and board members

Program Benefits

For more information, contact:

Contact Us

Interested in learning more? Email