Proprietary Form: The Premier/Chubb policy form provides enhanced coverage parameters that are automatically included in our Standard Offering at no additional underwriting cost, including but not limited to the following areas:
- Combined Single Limit of Insurance
- Enhanced Extended Period of Indemnity
- Enhanced Fungus Limit
- Enhanced Preparation of Loss Limit
- Enhanced Transit Limit
- Enhanced Automatic Builder’s Risk Coverage
- Enhanced Valuable Papers Limit
- Enhanced Accounts Receivables Limit
- Proprietary Patient Evacuation Endorsement Wording
- Proprietary Paved Surfaces Endorsement
- Zero Deductible Extra Expense
Loss Prevention: Premier contracts an independent Engineering firm focused on Healthcare to administer loss control to our clients. This service is provided through Telgian, Inc. at no additional cost to the customer. These services include assessments, surveys, and recommendations on ways to prevent, mitigate or recover from losses. The Premier Property Program includes the following services to all participants through Telgian, Inc.:
- Loss prevention surveys
- Impairment management
- Fire protection acceptance testing
- Fire protection system testing
- New construction consultation
- Review of fire protection system plans
Appraisal Subsidy: Premier provides up to 7.5% of the total premium or $15,000 (whichever is less) to offset the cost of an appraisal conducted once every three years.
Risk Quality Benchmarking: Premier provides the client with annual benchmarking reports that objectively rank the hospital on a risk quality ranking scale of 1-10 in categories such as: Sprinkler Protection, Water Supply, Surveillance Quality, Warehousing Protection, Overall Protection, Management Programs, and Pre-Emergency Planning Quality. This allows the hospital to self evaluate their risk from an industry specific scale.
Recommendation Initiatives: Premier provides you and the client with annual recommendation reports formed from annual surveys that objectively outline ways in which the hospital can improve upon there exposure along with credit figures of how each recommendation equates to premium savings upon completion.
Stewardship Report: Premier provides annual Stewardship Reports that summarize and identify all service procedures and appointments that have occurred on the account for each location at the facility.