(September 2019)
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This list identifies endorsements available to modify the Insurance
Services Office (ISO) Businessowners Coverage Form. It is arranged by form
number and title and briefly describes and explains how each endorsement is
used. It does not include any terrorism forms or endorsements or state specific
endorsements, changes or amendments. New
endorsements introduced or endorsements changed in the 07 13 edition are in bold
print.
Related Article: ISO Businessowners Program Endorsements
Checklist
The ten-digit numbering sequence of ISO forms and endorsements has a
very specific meaning.
Endorsements are grouped in categories according to their purpose as
follows:
Section |
Description |
BP DS |
Declarations and Schedules |
BP IN |
Index |
BP 00 |
Coverage Form |
BP 03 |
Deductible Endorsements |
BP 04 |
Additional Coverage Endorsements |
BP 05 BP 06 |
Miscellaneous Endorsements, Exclusions, and Schedules |
BP 07 |
Contractors Endorsements |
BP 08 |
Professional Liability Endorsements |
BP 10 |
Causes of Loss Endorsements |
BP 12 |
General Endorsements |
BP 14 |
Coverage Endorsements and Exclusions |
BP 17 |
Condominium Coverage Endorsements |
BP DS 01–Businessowners Policy Declarations (07 13 changes)
This is the declarations
for the 07 13 edition of the ISO Businessowners Policy. The 07 13 changes
reflect and match the changes in BP 00 03–Businessowners Coverage Form.
Related Article:
BP DS 01–Businessowners Policy Declarations
BP DS 02–Apartment
Buildings Supplemental Schedule
This schedule supplements BP DS 01–Businessowners Policy Declarations when insuring apartment buildings and including BP 07 75–Apartment Buildings.
BP DS 03–Restaurants
Supplemental Schedule
This schedule supplements BP DS 01–Businessowners Policy Declarations when insuring restaurants and including BP 07 78–Restaurants.
BP DS 06–Flood
Coverage Schedule (07 13 changes)
This schedule supplements BP DS 01–Businessowners Policy Declarations and
is used when BP 10 79–Flood Coverage is provided. It has spaces to list and
describe the locations covered, the deductibles that apply, and for limits on
either a blanket basis for all coverages at all locations or for scheduled
limits for specific coverages at each location. The 07 13 edition adds a
provision for a limited exception and addresses Underlying Insurance Waivers.
BP DS
07–Photography–Supplemental “Photographic Equipment” Schedule (07 13 addition)
This schedule is used
to list and describe individual photographic equipment and its/their value(s).
BP IN 01–Businessowners Coverage Form Index (07 13 changes)
This index is used to locate
the various parts of BP 00 03–Businessowners Coverage Form. The 07 13
changes align with the pagination and other changes in the 07 13 edition of BP
00 03–Businessowners Coverage Form.
BP 00
03–Businessowners Coverage Form
Related Article: BP 00 03–Businessowners Coverage Form Analysis
BP 03 12–Windstorm or Hail Percentage Deductibles
This endorsement makes windstorm or hail deductibles of 1%, 2% or 5%
available. The deductible selected applies separately to each building if more
than one building is involved, to the building and business personal property
in any single building, to business personal property in each building if more
than one building is involved, and to personal property in the open.
BP 04 01–Comprehensive Business Liability Exclusion (All Hazards in
Connection with Designated Premises or Operations)
This endorsement excludes premises and operations, products/completed operations, and medical payments coverages at specific designated premises on the endorsement schedule or the declarations.
BP 04 02–Additional Insured–Managers or Lessors of Premises (07 13
changes)
This endorsement adds the
owner, lessor, or property manager as an additional insured for liability
coverage at locations the named insured leases and occupies. The 07 13 edition adds the following
provisions:
BP 04 04–Hired and Non-Owned Auto Liability
This endorsement is used only when the named insured does not own
vehicles and does not have commercial automobile coverage. Hired autos are
leased, hired, or borrowed, except from employees or members of their
households, or from partners or executive officers. It does not include mobile
equipment. This endorsement protects the named insured if an employee uses his
or her car in the business and is different than hired auto liability coverage.
If the named insured form of business is a partnership, non-owned auto
liability coverage does not apply to autos a partner owns. This coverage is
excess over primary insurance that applies to any hired or non-owned autos.
BP 04 06–Additional Insured–Controlling Interest (07 13 changes)
This endorsement includes
as an additional insured the party that financially controls the named insured
or for the premises it owns, maintains, or controls for the period that it
occupies those premises. However, there is no coverage for structural
alterations, new construction, or demolition the party might perform. The 07 13 edition adds the following
provisions:
BP 04 07–Additional Insured–State or Governmental Agency or Subdivision
or Political Subdivisions–Permits or Authorizations Relating to Premises (07 13
title change and other changes)
This endorsement was
previously BP 04 07–Additional Insured–State or Political Subdivisions–Permits
Relating to Premises. It adds a state or
governmental agency or subdivision or political subdivision as an
additional insured for certain hazards for which it issued a permit or authorization to the named insured
in connection with the premises. Examples include permits issued for
advertising signs, awnings, canopies, driveways, manholes, street banners or
decorations, or to construct, erect, or remove elevators. The 07 13 edition adds the following provisions:
BP 04 08–Additional Insured–Townhouse Associations
This endorsement gives additional insured status to individual townhouse owners for their liability as members of the townhouse association. Coverage does not apply to liability of individual unit owners that arises out of real property titled to them.
BP 04 09–Additional Insured–Mortgagee, Assignee, or Receiver (07 13
changes)
This endorsement includes
as an additional insured a person or organization with respect to its liability
as a mortgagee, assignee, or receiver that arises out of owning, maintaining,
or using the named insured’s premises. However, there is no coverage for
structural alterations, new construction, or demolition operations. The 07 13 edition adds the following
provisions:
BP 04 10–Additional Insured–Owners or Other Interests from Whom Land
Has Been Leased (07 13 changes)
This endorsement adds as
an additional insured the owner or another interest from which the named
insured has leased land for liability that arises out of owning, maintaining,
or using land. Coverage does not apply to events that occur after the lease
ends or to any structural alterations, new construction, or demolition operations.
The 07 13 edition adds the following
provisions:
BP 04 11–Additional Insured–Co-Owner of Insured Premises (07 13
changes)
This endorsement adds as
an additional insured the person or organization on the endorsement schedule
that owns the scheduled premises in common with the named insured with respect
to liability coverage as co-owner of the premises. The 07 13 edition adds the following provisions:
BP 04 12–Limitation of Coverage to Designated Premises or Project (04
17 changes)
This restrictive endorsement is intended to provide coverage for either a
specific scheduled premise or a specific scheduled operation/project. Some
significant lawsuits found off-premises coverage in the prior edition so the
wording in the new version is much more precise. Of particular note is that the
phrase “arising out of” has been eliminated when referring to the premises. The
goal is to cover ONLY injuries that occur on the premises itself and to not
cover injuries from activities or decisions that might emanate from that
premises.
Court Cases:
Designated Premises or Project Endorsement Is Not Specific Enough
BP 04 13–Additional Insured–Engineers, Architects, or Surveyors (07 13
changes)
This endorsement includes
as an additional insured an architect, engineer, or surveyor the named insured
hires, However, this is only with respect to liability that arises from the
named insured's actions or omissions or the actions or omissions of others that
act on its behalf with respect to the named insured’s premises or work
performed on its behalf. Coverage applies to ongoing operations but not to
completed operations. The 07 13 edition
adds the following provisions:
BP 04 15–Spoilage Coverage (07 13 changes)
This endorsement covers
spoilage losses to perishable stock the insured owns. The 07 13 changes are
editorial in nature to match similar editorial changes in BP 00
03–Businessowners Coverage Form and do not affect coverage.
Related Article: BP 04 15–Spoilage Coverage, BP 04 56–Utility Services–Direct Damage, and BP 04 57–Utility Services–Time Element
BP 04 16–Additional Insured–Lessor of Leased Equipment (07 13 changes)
This endorsement extends
liability coverage to the person or organization on the endorsement schedule
that leases equipment to the named insured. Coverage applies to only liability that
arises out of the named insured maintaining, operating, or using the lessor’s
equipment. Spaces are provided to describe
the leased equipment and the location(s) where it is kept. The 07 13 edition adds the following
provisions:
BP 04 17–Employment-Related Practices Exclusion
This endorsement excludes liability that arises out of employment-related practices. Examples are refusal to employ, termination of employment, coercion, demotion, evaluation, reassignment, discipline, defamation, harassment, humiliation, discrimination, malicious prosecution, or other employment-related practices, policies, acts, or omissions. It also excludes consequential injuries that result from these practices, whether the event that caused the injury occurs before, during, or after the person’s employment.
BP 04 19–Amendment–Liquor Liability Exclusion–Exception for Scheduled
Activities (07 13 changes)
This endorsement excludes losses caused or contributed to by any insured that involve intoxication of any person, even if due to alcohol that others bring to the premises, furnishing liquor to minors or persons already under the influence, or for liability assumed under a statute concerning distribution of liquor. It applies to all cases that involve alcoholic beverages, regardless of whether or not the insured is in the liquor business. This exclusion does not apply to any premises or activity listed in the schedule.
BP 04 30–Protective Safeguards (07 13 change)
This endorsement is used
when a rate or premium credit applies to reflect the specific protective
safeguards listed on the endorsement schedule as being installed at the designated
location. The named insured agrees to maintain them in proper working order at
all times or an otherwise covered loss is excluded. The warranty nature of this
endorsement means that a loss can be excluded even if there is no relationship
between the lack of a working protective safeguard and the loss that occurred. The 07 13 edition adds a description and
symbol for hood-and-duct fire extinguishing systems.
BP 04 31–Food Contamination (07 13 changes)
This endorsement pays the
costs to clean equipment, replace ruined food, and limited expenses for
advertising to restore the named insured's business reputation if a
governmental entity closes the business because of suspected food
contamination. The limits are $10,000 for cleanup and replacement and $3,000
for additional advertising expense unless other limits are selected. Section I–Property Exclusion B.1.j. Virus or
Bacteria does not apply with respect to the coverage this endorsement provides.
The 07 13 edition broadens the definition of food contamination and covers
vaccinations to all employees, including leased and temporary employees, even
if the infection is only potential.
BP 04 37–Exclusion–Personal and Advertising Injury
This endorsement deletes all personal and advertising injury liability coverage.
BP 04 38–Medical Expenses–Exclusion
This endorsement excludes medical expenses at the locations or for the classifications on the endorsement schedule. Coverage is added to the Liability Supplementary Payments for first aid administered to others at the time of an accident.
BP 04 39–Abuse or Molestation Exclusion
This endorsement excludes injury or damage due to abuse and molestation. This includes negligent employment, investigation, supervision, failure to report to proper authorities, or retention of individuals who committed or were involved in such acts.
BP 04 40–Coverage for Injury to Leased Workers
This endorsement provides employers liability coverage for leased and temporary workers by changing the definition of employee to not include leased worker or temporary worker. This change applies to only the Employers Liability exclusion. It is recommended for businesses that do not carry workers compensation insurance that use only leased employees.
BP 04 41–Business Income Changes–Time Period (07 13 change)
The endorsement
eliminates the waiting period before a business is reimbursed for loss of
income. The coverage period is four
weeks. The 07 13 edition reflects changes made in BP 00 03 5. Additional
Coverages m. Business Income from Dependent Properties.
BP 04 46–Ordinance or Law Coverage (07 13 changes)
Related Article: BP 04 46–Ordinance or Law Coverage
BP 04 47–Additional Insured–Vendors (07 13 changes)
This endorsement amends
BP 00 03 Section II–Liability C. Who is an Insured. It adds products liability
coverage for vendors named on the endorsement schedule as additional insureds
for the products listed. It covers bodily injury or property damage liability
that arises from the named insured’s products the vendor sells or distributes
in the course of its normal business operations, subject to the endorsement's
exclusions and limitations. The 07 13
edition adds the following provisions:
BP 04 48–Additional Insured–Designated Person or Organization (07 13
changes)
This endorsement amends BP 00 03 Section II–Liability C. Who is an Insured. It allows the named insured contractor to cover any additional insured when no other specific additional insured endorsement applies. It covers the party named on the endorsement schedule for bodily injury or property damage liability caused by the named insured’s acts or omissions or by acts or omissions of others that act on its behalf. Loss or damage must occur in the course of the insured's ongoing operations or at premises it owns or rents, subject to the endorsement's exclusions and limitations.
The 07 13 edition adds the following provisions:
BP 04 49–Additional Insured–Engineers, Architects, or Surveyors Not
Engaged by the Named Insured (07 13 changes)
This endorsement allows
the named insured contractor to include as additional insureds engineers,
architects, or surveyors that common project owners hire or that a written
contract or agreement requires adding. It protects the party named on the
endorsement schedule for bodily injury or property damage liability that arises
from the named insured's ongoing operations, subject to the endorsement's exclusions and limitations. Covered losses
must be caused by the named insured’s act or omission or by acts or omissions
of others that act on its behalf. Losses caused solely by the designated
additional insured are excluded. The
07 13 edition adds the following provisions:
BP 04 50–Additional Insured–Owners, Lessees, or Contractors–Scheduled
Person or Organization (07 13 changes)
This endorsement covers
any person or organization on the endorsement schedule for which the named
insured contractor performs operations. Coverage applies to bodily injury or
property damage liability that arises out of the named insured's ongoing
operations. However, it excludes completed operations and is subject to certain
exclusions and limitations. Covered
losses must be caused by the named insured’s act or omission or by acts or
omissions of others that act on its behalf. Losses caused solely by the
designated additional insured are excluded. The 07 13 edition adds the following provisions:
BP 04 51–Additional Insured–Owners, Lessees, or Contractors–With
Additional Insured Requirement in Construction Contract (07 13 changes)
This endorsement covers
any party for whom the named insured contractor performs work as a written
contract or written agreement requires. It protects the party for bodily injury
or property damage liability that arises from the named insured’s operations
specified in the contract or agreement and applies only until the contract or
agreement ends. Covered losses must be
caused by the named insured’s act or omission or by acts or omissions of others
that act on its behalf. Losses caused solely by the designated additional
insured are excluded. The 07 13
edition adds the following provisions:
BP 04 52–Additional Insured–State or Governmental Agency or Subdivision
or Political Subdivision–Permits or Authorizations (07 13 title change and
other changes)
This endorsement was
previously BP 04 52–Additional Insured–State or Political Subdivisions–Permits.
It covers any state or governmental
agency or subdivision or political subdivision on the endorsement schedule
that the named insured contractor must include as an additional insured in
order to obtain needed work permits.
Losses caused solely by the designated additional insured are excluded. The 07 13 edition adds the following
provisions:
BP 04 53–Water Back-Up and Sump Overflow (07 13 changes)
This endorsement covers
loss or damage caused by or that results from water that backs up from a sewer
or drain or from overflow of a sump or sump pump that damages covered property
at locations on the endorsement schedule. This is essentially an additional
specific covered cause of loss. Coverage does not apply if the loss was due to
negligent maintenance of the pump or if an insured failed to clear an
obstruction from a drain and the obstruction caused the damage. The $5,000 annual aggregate limit of insurance
per location can be increased or
decreased.
This endorsement also covers loss of Business Income or Extra Expense
incurred as a result of these losses at locations on the endorsement schedule.
The $5,000 annual aggregate limit of insurance per location can be increased or
decreased.
The 07 13 edition
clarifies that “drain” includes a roof drain and related fixtures. It also
states that there is no coverage when a sump pump fails because of power
failure unless the coverage form covers power failure.
BP 04 54–Newly Acquired Organizations
This endorsement covers newly acquired organizations or organizations the named insured forms during the policy period for up to 90 days or until expiration, whichever occurs first.
BP 04 55–Broadened Coverage for Damage to Premises Rented to You
Related Article:
BP 04 55–Broadened Coverage for Damage to Premises Rented to You
BP 04 56–Utility Services–Direct Damage (07 13 change)
This endorsement extends
property damage coverage to loss or damage to covered property due to service
from off-premises water, communication, power supply services, and overhead
power transmission and communication lines being interrupted. However, it excludes
loss or damage to electronic data.
The utility service property does not have to be outside a covered building. The 07 13 edition states that transmission
lines include any line that transmits power or communication service. This
includes distribution lines.
Related Article:
BP 04 15–Spoilage Coverage, BP 04 56–Utility Services–Direct Damage, and BP 04
57–Utility Services–Time Element
BP 04 57–Utility Services–Time Element (07 13 changes)
This endorsement extends
time element or loss of income coverage to apply to loss of business income or
extra expense that results from interruption of off-premises water,
communication, power supply services, and overhead power transmission and
communication lines, but excludes loss or damage to electronic data. The utility service property does not have to
be outside a covered building. The 07 13
edition adds wastewater removal property to the list of covered utility
services and states that transmission lines include any line that transmits
power or communication service. This includes distribution lines.
Related Article: BP 04 15–Spoilage Coverage, BP 04 56–Utility Services–Direct Damage, and BP 04 57–Utility Services–Time Element
BP 04 58–Business Income and Extra Expense Coverage for Year 2000
Computer-Related and Other Electronic Problems
This endorsement insures the named insured's business against loss of business income or extra expenses incurred due to computer programming or processing errors related to a system or software's inability to address, handle, and resolve calendar dates or times. It pays for only loss of business income or extra expenses that relate directly to computer processing problems. The annual aggregate limit for all losses and/or expenses is $25,000.
BP 04 64–Year 2000 Computer-Related and Other Electronic
Problems–Limited Coverage Options
This endorsement provides limited protection for bodily injury, property damage, and personal and advertising injury liability because of computer programming or processing errors that a system or software could not address, handle, or resolve that involved calendar dates or times. It extends the coverage and limits to apply to such losses but only to locations, products, or operations on the endorsement schedule.
BP 04 71–Exclusion–Volunteer Workers
This endorsement removes the term volunteer workers from the coverage form and eliminates volunteer workers as insureds.
BP 04 83–Removal of Insurance-To-Value Provision
This endorsement
eliminates the requirement that property must be insured to 80% of replacement
value at the time of loss in order for the loss to be adjusted on a replacement
cost basis.
BP 04 84–Functional Building Valuation (07 13 changes)
This condition replaces
the valuation loss condition by agreeing to pay to replace a damaged building
on the same site with a functionally equivalent building. In case of a partial
loss, the damaged portion of the building is repaired with less costly
material. The named insured should carefully evaluate and consider the building
limit it chooses when it selects this option. This endorsement includes
ordinance or law provisions for direct damage loss. It also has an option to include business income and
extra expense coverage for the additional time needed to comply with ordinance
or law changes. The 07 13 changes are editorial in nature to
match similar editorial changes in BP 00 03 and do not affect coverage.
BP 04 85–Functional Business Personal Property Valuation
This condition replaces the valuation loss condition. It agrees to pay to replace damaged business personal property with functionally equivalent property or property valued on a market value basis. The named insured should carefully evaluate and consider the business personal property limit it chooses when it selects this option.
BP 04 86–Vacancy Changes
This endorsement allows the minimum percentage of building occupancy used to determine vacancy in a covered location to be increased or decreased from 31%. It applies to only the premises and building(s) on the endorsement schedule.
BP 04 87–Vacancy Permit
This endorsement amends
the vacancy provision to temporarily suspend applying the vacancy provision at
only the premises and buildings on the endorsement schedule for the time period
selected. It has some flexibility in that loss or damage due to vandalism or
sprinkler leakage can be excluded during the period of suspension.
BP 04 88–Liquor Liability
This endorsement adds liquor liability coverage by deleting the liquor liability exclusion. It is used in cases where an insured has limited exposure to such losses. It should not be used when BP 04 89–Liquor Liability Coverage is used.
Related Article: CG 00 33 & CG 00 34–Liquor Liability Coverage Forms Analysis
BP 04 89–Liquor Liability Coverage
This endorsement adds liquor liability coverage. It applies to businesses that have significant liquor liability exposures and covers bodily injury and property damage liability related to their furnishing liquor. Coverage does not apply if the named insured operates without a license when legally required to have one. It is limited to the aggregate and per-cause limits on the endorsement schedule.
BP 04 90–Pollution Exclusion–Limited Exception for a Short-Term
Pollution Event
This endorsement adds some liability coverage for bodily injury or property damage related to specific short-term pollution events under certain circumstances. It defines a short-term pollution event and this definition and other provisions provide limited coverage for accidental, non-recurring pollution losses. However, a number of other pollution exclusions and exceptions still apply. As a result, this endorsement should be reviewed carefully before it is recommended as a possible coverage solution for the named insured’s pollution-related exposures.
BP 04 91–Pollution Exclusion–Limited Exception for Designated
Pollutant(s)
This endorsement adds both on-site and off-site liability coverage for bodily injury or property damage related to damage caused by the types of pollutants described on the endorsement schedule. However, coverage does not extend to losses that involve handling, transporting, storing, disposing of, treating, or processing the described pollutants.
BP 04 92–Total Pollution Exclusion
This endorsement completely excludes bodily injury or property damage loss or damage caused by or that results from pollution. There are no exceptions.
BP 04 93–Total Pollution Exclusion with a Building Heating Equipment
Exception and a Hostile Fire Exception
This endorsement
completely excludes bodily injury or property damage loss or damage that
pollution causes. However, it has exceptions that cover loss or damage that
involves heat, smoke, and fumes that a hostile fire generates and/or by
heating, cooling, dehumidifying, and
water heating equipment.
BP 04 94–Limited Pollution Liability Extension
This endorsement adds limited pollution liability coverage. It eliminates the part of the exclusion that applies at or from any premises that the named insured owns rents, occupies, or has loaned to it. It should be reviewed carefully to determine if the broadened coverage is appropriate for the named insured. It has its own aggregate limit.
BP 04 97–Waiver of Transfer of Rights of Recovery against Others to Us
This endorsement eliminates the insurance company's ability to secure subrogation rights by preventing it from proceeding against another party that may be responsible for damages it paid. The company waives exercising its rights against only the party(ies) on the endorsement schedule.
BP 04 98–Employee Benefits Liability Coverage (07 13 changes)
Related Article: BP 04 98–Employee Benefits Liability Coverage
BP 04 99–Extended Reporting Period for Employee Benefits Liability
Coverage (07 13 changes)
This endorsement is used
with BP 04 98–Employee Benefits Liability Coverage. Coverage applies on a
claims-made basis and this endorsement gives the named insured the option to
extend the time period to report losses. This is very important if coverage
changes from a claims-made to an occurrence basis. The 07 13 changes are editorial
in nature to match similar editorial changes in BP 00 03 and do not affect
coverage.
BP 05 01–Calculation of Premium
This endorsement states that premiums for subsequent policy periods are calculated according to rates in effect on the renewal or anniversary date.
BP 05 15 Disclosure Pursuant to Terrorism Risk Insurance Act (01 15
changes)
Related Article: Terrorism–Insurance Services Office (ISO) Forms
BP 05 17–Exclusion–Silica or Silica-Related Dust
This endorsement excludes bodily injury, property damage, and personal
and advertising injury liability losses associated with exposure to silica or
silica-related dust. It includes definitions for silica and silica-related
dust.
BP 05 21–Coverage for Certified Acts of Terrorism: Cap on Losses
Withdrawn
in 01 15 revision.
BP 05 22–Removal of
Exclusion of Acts of Terrorism: Cap on Certain Losses
Withdrawn in 01 15 revision.
BP 05 23–Cap on Losses
from Certified Acts of Terrorism (01 15 changes)
Related Article: Terrorism–Insurance Services Office (ISO) Forms
BP 05 24–Exclusion of
Certified Acts of Terrorism (01 15 changes)
Related Article: Terrorism–Insurance Services Office (ISO) Forms
BP 05 26–Exclusion of
Certified Acts of Terrorism Involving Nuclear, Biological, or Chemical
Terrorism: Cap on Covered Certified Acts Losses (01 15 changes)
Related Article: Terrorism–Insurance Services Office (ISO) Forms
BP 05 27–Limitations of
Coverage for Certified Acts of Terrorism (01 15 changes)
Related Article: Terrorism–Insurance Services Office (ISO) Forms
BP 05 38–Exclusion of
Other Acts of Terrorism Committed Outside the United States: Cap on Losses from
Certified Acts of Terrorism (01 15 changes)
Related Article: Terrorism–Insurance Services Office (ISO) Forms
BP 05 41–Exclusion of
Certified Acts of Terrorism and Exclusion of Other Acts of Terrorism Committed
Outside the United States (01 15 changes)
Related Article: Terrorism–Insurance Services Office (ISO) Forms
BP 05 42–Exclusion of
Punitive Damages Related to a Certified Act of Terrorism (01 15 changes)
Related Article: Terrorism–Insurance Services Office (ISO) Forms
BP 05 47–Computer Fraud and Funds Transfer Fraud (07 13 changes)
This endorsement adds computer fraud and funds transfer fraud crime
coverage if a computer is used to transfer money, securities, or other property
from inside the insured’s premises or banking institution up to the limit on
the endorsement schedule. In addition, if fraudulent instructions given to a
financial institution result in unauthorized transfer of the named insured's
funds, coverage applies up to the limit on the endorsement schedule. Coverage
applies even if the transfer is based on unauthorized instructions or false
pretense. However, it excludes using credit and other cards and the information
they contain. The 07 13 changes are editorial in nature to
match similar editorial changes in BP 00 03 and do not affect coverage.
Related Article: Commercial Crime Coverage Analysis
BP 05 64–Conditional Exclusion of Terrorism (Relating to Disposition of
Federal Terrorism Risk Insurance Act) (01 15 changes)
Related Article: Terrorism–Insurance Services Office (ISO) Forms
Note: The 01 15 Edition has clarified the application of other
exclusion wording by adding separate paragraph D.
BP 05 65–Conditional Exclusion of Terrorism Involving Nuclear,
Biological, or Chemical Terrorism (Relating to Disposition of Federal Terrorism
Risk Insurance Act) (01 15 changes)
Related Article: Terrorism–Insurance Services Office (ISO) Forms
Note: The 01 15 Edition has clarified the application of other
exclusion wording by adding separate paragraph D.
BP 05 66–Conditional Limitation of Coverage for
Terrorism–Sub-Limit on Annual Aggregate Basis (Relating to Disposition of
Federal Terrorism Risk Insurance Act) (01 15 change)
Related Article: Terrorism–Insurance Services Office (ISO) Forms
Note: The 01 15 Edition has clarified the application of other
exclusion wording by adding separate paragraph D.
BP 05 67–Exclusion of Terrorism
Related Article: Terrorism–Insurance Services Office (ISO) Forms
BP 05 68–Exclusion of Terrorism Involving Nuclear, Biological, or
Chemical Terrorism
Related Article: Terrorism–Insurance Services Office (ISO) Forms
BP 05 69–Limitation of Coverage for Terrorism–Sub-Limit on Annual
Aggregate Basis
Related Article: Terrorism–Insurance Services Office (ISO) Forms
BP 05 70–Disclosure of Premium through End of Year for Certified Acts of
Terrorism Coverage (Pursuant to Terrorism Risk Insurance Act) (01 15 changes)
Related Article: Terrorism–Insurance Services Office (ISO) Forms
BP 05 71–Disclosure of Premium and Estimated Premium for Certified Acts
of Terrorism Coverage (Pursuant to Terrorism Risk Insurance Act) (01 15
Changes)
Related Article: Terrorism–Insurance Services Office (ISO) Forms
The 01 15 Edition has relabeled the 01 07’s Paragraph C, Possibility of
Additional or Return Premium as Paragraph D. It now includes a new Paragraph C
that notifies that the insurer’s payment obligation is capped in the event that
qualifying terrorists act damage exceeds $110 billion in a given calendar year.
BP 05 76–Changes–Limited Fungi Coverage
This endorsement is used to increase the sub-limit of insurance for
fungi, wet rot, and dry rot coverage, to designate the location(s) covered, and
to permit different limits at different locations based on entries on the
endorsement schedule. The number of days for Business Income and/or Extra
Expense coverages can be changed from 30 days.
BP 05 77–Fungi or Bacteria Exclusion (Liability)
This endorsement excludes bodily injury, property damage, or personal and
advertising injury liability losses due to exposure to fungi or bacteria as
defined except for certain edible fungi or bacteria, such as mushrooms.
BP 05 78–Limited Fungi or Bacteria Coverage (Liability)
This endorsement provides limited coverage for the fungi and bacteria that BP 05 77–Fungi or Bacteria Exclusion (Liability) excludes.
BP 05 89–Employment-Related Practices Liability Endorsement
This endorsement provides claims-made liability coverage with defense included within the limits entered on the endorsement schedule. It has a retroactive date and an extended reporting period. Coverage applies for injuries to employees due to demotion, wrongful termination, wrongful denial of opportunities, wrongful hiring and supervision, retaliatory actions, coercion, harassment, and other types of work-related discrimination, libel, humiliation, and similar acts. This endorsement is similar to EP 00 01–Employment-Related Practices Coverage Form.
Related Article:
Employment-Related Practices Liability Coverage Form Analysis
BP 05 93–Loss of Rental Value–Landlord as Designated Payee
This endorsement broadens the definition of rental value to include all
charges the tenant is contractually obligated to pay on the property owner’s behalf.
BP 05 94–Electronic Commerce (E-Commerce)
This endorsement is similar to CP 04 30–Electronic (E-Commerce) used with
the ISO Commercial Property Program.
Related Article: CP 04 30–Electronic Commerce (E-Commerce)
BP 05 95–Electronic Data Liability–Limited Coverage (05 14 changes)
This endorsement eliminates the Electronic Data exclusion and replaces it
with one that eliminates all damages (bodily injury and property damages)
due to access or disclosure of confidential data. It continues to exclude
damages due to loss of electronic data unless physical damage to tangible
property occurs first. It also excludes personal and advertising injury
electronic data damages due to access or disclosure of confidential information.
Electronic data is not considered tangible property. This coverage has a
separate occurrence limit on the endorsement schedule.
BP 05 96–Electronic Data Liability–Broad Coverage (05 14 changes)
This endorsement covers damages due to Electronic Data on a claims-made
basis with a retroactive date and an extended reporting period. It has its own
insuring agreement, exclusions, and limits. It amends various conditions,
amends and adds definitions, and changes the definition of Who is an Insured.
It is similar to CG 00 65–Electronic Data Liability Coverage Form.
The 05 14 adds wording
that eliminates all damages due to access or disclosure of confidential data.
Related Article:
Electronic Data Liability Insurance
BP 05 97–Extended Reporting Period for Electronic Data Liability–Broad
Coverage (07 13 changes)
This endorsement initiates the extended reporting condition time period that
BP 05 96–Electronic Data Liability–Broad Coverage requires. It applies and is
effective only after the full premium is paid. The 07 13 edition states that
the Extended Reporting Period Aggregate Limit equals the Electronic Data
Liability Annual Aggregate Limit that applies.
BP 05 98–Amendment of Insured Contract Definition (07 13 change)
This endorsement amends the definition of Insured Contract. It reduces
coverage by changing paragraph 9. f. in two ways. First, paragraph 9. f.
applies only when the named insured or a party that works on its behalf causes
the bodily injury or property damage. Second, it applies only if the law
permits the named insured to assume the liability.
BP 07 01–Contractors’ Installation, Tools, and Equipment Coverage (09
19 change)
Related Article: BP 07 01–Contractors’ Installation, Tools, and Equipment Coverage
BP 07 02–Amendment–Aggregate Limits of Insurance (Per Project)
This endorsement changes the aggregate limit of insurance under liability coverage for the products-completed operations hazard to apply per project.
BP 07 03–Business Liability Coverage–Property Damage Liability
Deductible (Per-Claim Basis)
This endorsement adds a property damage liability per claim deductible.
BP 07 04–Business Liability Coverage–Property Damage Liability
Deductible (Per-Occurrence Basis)
This endorsement adds a property damage liability per occurrence deductible.
BP 07 07–Business Liability Coverage–Amendment of Liability and Medical
Expenses Limits of Insurance
This endorsement is used to provide higher aggregate liability limits. It increases the aggregate limit for the products-completed operations hazard to three times the liability and medical expenses limit. It also increases the aggregate limit for all other occurrences to two times the liability and medical expenses limit.
BP 07 08–Pesticide or Herbicide Applicator–Limited Pollution Coverage
(07 13 title change)
This endorsement amends
the pollution exclusion so that limited pollution coverage applies for the
operations described on the endorsement schedule. This is subject to the named
insured meeting or complying with all federal, state, or local governmental
statutes, ordinances, regulations, or license requirements. This endorsement title
previously was BP 07 08–Pesticide or Herbicide Applicator Coverage. The 07 13 edition changes the endorsement
title to better state the coverage it provides.
BP 07 10–Motels
This endorsement broadens the coverage provided to include exposures common to motels, such as property of others, personal property in rooms, lock replacement, and liability for guests' property.
BP 07 11–Motel–Liability for Guests’ Property in Safe Deposit Boxes
This endorsement broadens the coverage provided to include liability for guest property stored in safety deposit boxes. Coverage does not apply to liability that business liability coverage excludes or to loss or damage caused by or that results from fire, dishonest acts of any insured, acts committed by parties an insured held harmless, and property lost, damaged, or seized related to governmental acts.
BP 07 12–Self-Storage Facilities
This endorsement provides coverage designed to protect self-storage operations, such as accrued rent, and liability related to disposal of customer property.
BP 07 75–Apartment
Buildings (07 13 changes)
Related Article: BP 07 75–Apartment Buildings
BP 07 76–Apartment
Buildings–Liability for Loss or Damage to Tenants' Auto (Legal Liability
Coverage)
(07 13 change)
This endorsement covers
the named insured's legal liability for damages for direct physical loss or
damage and resulting loss of use to tenants' autos at premises on the
declarations caused by or that results from a covered cause of loss. The
07 13 changes are editorial in nature to match similar editorial changes in BP
00 03 and do not affect coverage.
BP
07 77–Fine Arts Coverage
This endorsement is an additional coverage under Section I–Property. It covers loss or damage caused by or that results from a covered cause of loss to the named insured's fine arts or to fine arts of others in its care, custody, or control for up to $25,000 in any one occurrence.
BP 07 78–Restaurants
(01 10 changes)
Related Article: BP 07 78–Restaurants
BP 07
79–Restaurants–Loss or Damage to Customers' Autos (Legal Liability Coverage) (07
13 change)
This endorsement covers
the named insured's legal liability for damages for direct physical loss or
damage to and resulting loss of use of customers' autos left in its care,
custody, or control at or temporarily away from premises on the declarations.
The damage must be caused by or result from a covered cause of loss. The
07 13 changes are editorial in nature to match similar editorial changes in BP
00 03 and do not affect coverage.
BP 07 81–Residential
Cleaning Services (07 13 changes)
This endorsement adds certain coverages that residential cleaning
services need. It modifies coverage under Section I–Property and provides
Reward Payment coverage for up to $5,000 and a $1,000 limit for the cost to
replace keys and locks at a client's residence. It extends employee dishonesty
coverage to theft of specific client property by the named insured's employees.
It also includes property damage to customers’ property that results from its
work for up to $5,000. The 07 13 changes are editorial in nature to
match similar editorial changes in BP 00 03 and do not affect coverage.
BP 07 83–Photography
(07 13 addition)
This endorsement
provides coverages that most photography operations need.
BP 07
84–Photography–Makeup and Hairstyling (07 13 addition)
This endorsement
provides limited professional liability coverage in situations where the
photographer applies makeup or provides hairstyling services in conjunction
with its photographic operations and activities. It can be used only if BP 07
83–Photography is attached to BP 00 03.
BP 07
87–Photography–Amendment of Coverage Territory for “Photographic
Equipment”–Worldwide Coverage (07 13 addition)
This endorsement
broadens the property coverage territory for photographic equipment to be
worldwide. This revised territory does not include countries listed on the
endorsement schedule or countries subject to trade embargoes or other economic
sanctions that the United States of America imposes. It can be used only if BP
07 83–Photography is attached to BP 00 03.
BP 08 01–Barber Shops and Hair Salons Professional Liability (07 13
change)
This endorsement covers loss or damage due to providing or failing to provide professional barber and hair salon services. The 07 13 edition adds wording to make it consistent with the professional liability exclusion wording change in the BP 00 03. Consider using BP 08 09–Beauty Salons Professional Liability if this coverage is too limiting.
BP 08 02–Funeral Directors Professional Liability
This endorsement covers
loss or damage due to providing or failing to provide funeral directors
professional services. It excludes property damage to dead bodies, caskets, and
urns in the named insured's care, custody, or control unless caused by or
resulting from theft or a hostile fire.
BP 08 03–Optical and Hearing Aid Establishments (07 13 change)
This endorsement covers
loss or damage due to providing or failing to provide services that involve
dispensing optical or hearing aid products. The services include preparing,
fitting, demonstrating, or distributing lenses and similar products or hearing
aid devices. The 07 13 edition adds
wording to make it consistent with the professional liability exclusion wording
change in BP 00 03.
BP 08 04–Printers Errors and Omissions Liability
This endorsement covers loss or damage that results from the named insured’s negligence, act, error, or omission in providing printing services.
Related Article: BP 08 04–Printers Errors and Omissions Liability
BP 08 05–Veterinarians Professional Liability
This endorsement covers loss or damage due to providing or failing to provide professional veterinarian services.
Related Article: BP 08 05–Veterinarians Professional Liability
BP 08 06–Pharmacists–Broad Coverage
This endorsement covers loss or damage due to providing or failing to provide professional pharmaceutical services. It is similar to CG 22 97–Druggists–Broadened Coverage and includes the broadened roles of druggists that some state legislatures have enacted.
BP 08 07–Pharmacists (07 13 change)
This endorsement covers loss or damage due to providing or failing to
provide professional pharmaceutical services. It does not cover the broadened
roles of druggists that legislation in many states has enacted, including
prescribing, consulting, or diagnosing except for administering certain vaccinations. (07 13 change). It is similar to CG 22 69–Druggists. The 07 13 edition also adds wording to make
it consistent with the professional liability exclusion wording change in BP 00
03.
BP 08 09 Beauty Salons
Professional Liability (07 13 change)
This endorsement is
designed for beauty salons and is used to cover salon services beyond those
that most barber shops or hair salons offer. It defines salon services to
include a listing of standard services but then includes additional services
described on the endorsement schedule. The
07 13 edition also adds wording to make it consistent with the professional
liability exclusion wording change in BP 00 03.
BP 10 03–Earthquake (07 13 change)
This endorsement covers
loss or damage caused by earthquake, including volcanic eruption. It provides
coverage for both direct and indirect damage but coverage for the indirect
damage is not actual loss sustained for up to 12 months. Instead, the limit for
all direct and indirect covered loss is not more than the building and/or
business personal property limit for this coverage on the declarations. The 07 13 edition adds wording that
clarifies the coverage limits.
BP 10 05–Exclusion–Year 2000 Computer-Related and Other Electronic
Problems
This endorsement excludes all bodily injury, property damage, and personal and advertising injury liability that involves computer programming or processing errors related to a system or software that is unable to handle calendar dates or times.
BP 10 06–Exclusion–Year 2000 Computer-Related and Other Electronic
Problems (Products-Completed Operations Hazard)
This endorsement excludes all bodily injury, property damage, and/or personal and advertising injury liability that involves computer programming or processing errors related to a system or software that is unable to handle calendar dates or times. Coverage does not apply to loss or damage related to the named insured’s finished work or products.
BP 10 07–Exclusion–Year 2000 Computer-Related and Other Electronic
Problems–With Exception for Bodily Injury on Your Premises
This endorsement excludes all bodily injury, property damage, and/or personal and advertising injury liability that involves computer programming or processing errors related to a system or software that is unable to handle calendar dates or times. It does not apply to bodily injury that occurs on any premises the named insured owns or rents.
BP 10 08–Year 2000 Computer-Related and Other Electronic
Problems–Exclusion of Specified Coverages for Designated Locations, Operations,
Products, or Services
This endorsement excludes all bodily injury, property damage, and/or personal and advertising injury liability that involves computer programming or processing errors related to a system or software that is unable to handle calendar dates or times. This is based on the coverages selected on the endorsement schedule. The selected coverages apply to the location, products, services, or operations described on the endorsement schedule.
BP 10 09–Named Perils (07 13 changes)
Related Article: BP 10 09–Named Perils
BP 10 10–Sprinkler Leakage–Earthquake Extension
This endorsement cannot be used when BP 10 03–Earthquake applies. It covers sprinkler leakage damage caused when earthquake and volcanic eruption coverage causes the sprinkler system to discharge.
BP 10 11–Earthquake and Volcanic Action (Sub-Limit) (07 13 changes)
This endorsement provides earthquake and volcanic eruption coverage for a sub-limit. It is similar to ISO's CP 10 45–Earthquake And Volcanic Eruption Endorsement (Sub-Limit Form).
The 07 13 changes are editorial in nature to match similar editorial changes in BP 00 03 and do not affect coverage.
Note: This endorsement
broadens the unendorsed Businessowners Coverage Form but is not as broad as the
coverage that BP 10 03–Earthquake provides.
Related Article: CP 10 45–Earthquake And Volcanic Eruption Endorsement (Sub-Limit Form) Coverage Analysis
BP 10 79–Flood Coverage (07 13 changes)
This optional coverage can be used to write coverage on a first-dollar basis or above the federally insured limits under the National Flood Insurance Program (NFIP). The 07 13 changes are editorial in nature to match similar editorial changes in BP 00 03 and do not affect coverage.
Related Article: BP 10 79–Flood Coverage
BP 10 80– Off-Premises Interruption of Business - Vehicles And Mobile
Equipment (02 14 addition)
This option provides coverage for loss caused by the unavailability of
an operation’s business vehicles and mobile equipment when damaged by a covered
cause of loss. The selected coverage applies to property described on the
endorsement and provides both business interruption and extra expense coverage.
BP 12 01–Businessowners Policy Changes
This endorsement is used to make changes in coverage. It indicates the effective date, a description of the coverage change, the new limit of insurance, the previous premium, and the new premium. Optional coverages are listed when additional or optional coverages are purchased after policy issuance. Optional coverages available are Outdoor Signs, Burglary and Robbery, Money and Securities, Employee Dishonesty, and Equipment Breakdown.
BP 12 02–Fire Department Service Contract (07 13 changes)
This endorsement is used
to require that a named insured maintain a service contract with a private fire
department. The 07 13 changes are editorial in nature to match similar editorial changes
in BP 00 03 and do not affect coverage.
BP 12 03–Loss Payable Provisions
This endorsement is used to list loss payees, lender’s loss payees, or loss payees under contracts of sale and the property to which their interests apply.
BP 12 31–Additional
Insured–Building Owner
This endorsement is used to add the owner of a building as an additional
insured under Section I–Property. It is used when the insured is a tenant in
the building.
BP 14 01–Identity
Fraud Expense Coverage
This endorsement adds identity fraud expense coverage with a $25,000
aggregate limit. It also provides a separate aggregate limit of $5,000 for
advertising expenses the named insured incurs to restore its reputation
following an identity fraud.
BP 14 02–Additional
Insured–Owners, Lessees, Or Contractors–Completed Operations (07 13 changes)
Most additional insured endorsements apply to only ongoing operations.
This endorsement adds the scheduled person or organization as an insured for
the product-completed operations hazard.
The 07 13 edition adds the following provisions:
BP 14 03–Theft of
Clients' Property Coverage
This endorsement extends Employee Dishonesty Optional Coverage to include
theft of a client’s property while it is at the client’s location. The $5,000 limit
can be increased to limits of $10,000, $15,000, or $25,000. The $250 deductible
in this endorsement is the only deductible that applies.
BP 14 04–Windstorm or
Hail Losses to Roof Surfacing–Actual Cash Value Loss Settlement (07 13 change)
This restrictive endorsement changes the loss payment condition with
respect to only the buildings and premises on the endorsement schedule. If a
wind or hail loss damages the roof surface, any loss settlement is based on
actual cash value instead of replacement cost. The 07 13 edition adds a
definition for roof surfacing.
BP 14 05–Additional
Insured–Grantor of Franchise (07 13 changes)
This endorsement adds as an additional insured the party on the
endorsement schedule that granted the franchise to the named insured.
The 07 13 edition adds the following provisions:
BP 14 06–Business
Income, Extra Expense, and Related Coverages Limit Of Insurance
This endorsement restricts coverage. The named insured selects a limit of
insurance instead of having unlimited 12-month business income and extra
expense coverage.
BP 14 07–Business
Income and Extra Expense–Revised Period of Indemnity
This endorsement provides a way to increase or decrease the 12-month
consecutive time period of coverage for business income and extra expense. It
gives the named insured that has unique exposures the flexibility to tailor the
period of time that coverage applies to match its individual circumstances.
Reducing the time period should be done very cautiously because a slight amount
of premium savings could significantly reduce coverage.
BP 14
08–Exclusion–Exterior Insulation and Finish Systems
This endorsement excludes coverage for losses that arise out of, are caused by, or can be attributed to any exterior insulating and finish system. It includes a definition of Exterior Insulation and Finish System.
BP 14 09–Debris
Removal Additional Insurance (07 13 addition)
This endorsement is used to increase 5. Additional Coverages 1. Debris Removal
in BP 00 03 from the amount in
BP 00 03 to the amount on the endorsement schedule. The 07 13 edition modifies
the $25,000 limit in the 07 13 edition of BP 00 03 instead of the $10,000 in
previous editions.
BP 14 10–Brands and
Labels
This is an optional coverage endorsement. It allows the insured to
control its labeling. If a loss occurs, the insurance company agrees to settle
the claim in the usual way. The difference is what then happens with any
salvage the insurance company wishes to distribute. The insured can stamp
“salvage” on such property as long as doing so does not cause additional
damage. The insured can even remove all labels as long as doing so does not
damage the property or violate any laws. The insured is reimbursed for its
expenses for stamping or removing labels. However, the expense to do so, added
to the value of the property cannot exceed the limit of insurance that applies.
This endorsement does not usually involve a premium charge but a higher limit
of insurance is usually needed because of the potential expenses that might be
involved.
BP 14 11–Abuse Or
Molestation Exclusion–Specified Services
This endorsement excludes coverage for injury or damage that arises from
abuse or molestation of persons in any insured's care, custody, or control at
the time it provides the services
specified on the endorsement schedule. This exclusion is less
restrictive than BP 04 39–Abuse or Molestation Exclusion.
BP 14
12–Exclusion–Erroneous Delivery or Mixture and Resulting Failure of Seed to Germinate–Seed
Merchants
This endorsement excludes property damage liability due to errors in
delivering seed, in the mechanical mixture of seed, or due to seed that fails
to germinate.
BP 14 13–Seed
Merchants–Coverage for Erroneous Delivery or Mixture (Resulting Failure of Seed
to Germinate Not Included)
This endorsement excludes property damage liability due to seed failing
to germinate. It also deletes Exclusion n. Damage to Impaired Property or
Property Not Physically Injured under Paragraph A.1. Business Liability
Coverage with respect to property damage liability that results from errors in
delivering seed or in mechanically mixing seed.
BP 14 14–Seed Merchants–Coverage
for Erroneous Delivery or Mixture and Resulting Failure of Seed to Germinate
This endorsement adds property damage coverage for loss that results from erroneous delivery of seed. This includes failing to deliver seed at all, delivering the wrong seed, or delivering seed at the wrong time of the year or season. It also includes errors in the mechanical mixture of seed or seed failing to germinate if the failure is caused by delivering the wrong seed, delivering seed at the wrong time of the year or season, or errors in the mechanical mixture of seed.
BP 14 15–Limited
Exclusion–Personal and Advertising Injury–Lawyers (07 13 changes)
This endorsement excludes personal and advertising injury that arises from providing or failing to provide professional services as a lawyer without affecting personal and advertising injury coverage for other activities lawyers perform that fall outside professional services. The 07 13 edition also adds wording to make it consistent with the professional liability exclusion wording change in BP 00 03.
BP 14 16–Snow Plow
Products–Completed Operations Hazard Coverage
This endorsement adds products-completed operations coverage for loss or
damage caused when an auto is used to remove snow or ice.
BP 14 17–Designated
Location(s) General Aggregate Limit
This endorsement broadens coverage by replacing the general aggregate
limit of insurance with an aggregate limit of insurance per location.
BP 14 18–Designated
Construction Project(s) General Aggregate Limit
This endorsement broadens coverage by replacing the general aggregate limit
of insurance with an aggregate limit of insurance per project.
BP 14
19–Exclusion–Damage to Work Performed by Subcontractors on Your Behalf
This exclusion replaces Section II–Liability B. Exclusions
m. Damage to Your Work. It excludes property damage to the named insured's work
that arises out of it or any part of it included in the products-completed
operations hazard.
Note: This endorsement applies on a
blanket basis. It excludes damage to the work by subcontractors that perform
work on the named insured’s behalf and is a reaction to construction defects
lawsuits. The ISO CGL Coverage Form excludes damage an insured does to its own
work but covers damage a subcontractor does to that work. Since this limited
exception is becoming increasingly important, the loss of the exception significantly
reduces coverage.
BP 14
20–Exclusion–Damage To Work Performed By Subcontractors On Your
Behalf–Designated Sites or Operations
This exclusion replaces Section II–Liability B. Exclusions
m. Damage to Your Work. It excludes property damage to the named insured's work
that arises out of it or any part of it included in the products-completed
operations hazard. However, it applies to only the sites or operations listed
on the endorsement schedule. Similar to
BP 14 19, it removes the exception for subcontractors that work on the named
insured’s behalf.
Note: This
endorsement is less restrictive than BP 14 19–Exclusion–Damage to Work
Performed by Subcontractors on Your Behalf because it applies to only the sites
or operations listed.
BP 14
21–Exclusion–Designated Work
This endorsement excludes coverage for bodily injury or property damage included in the products-completed operations hazard that arises out of the named insured's work listed on the endorsement schedule.
BP 14
22–Exclusion–Products-Completed Operations Hazard
This endorsement excludes bodily injury and property damage included in
the products-completed operations hazard.
BP 14 23–Exclusion–Designated
Products
This endorsement excludes coverage for bodily injury or property damage included in the products-completed operations hazard that arises out of any of the named insured's products listed on the endorsement schedule.
BP 14 30–Discretionary
Payroll Expense
This endorsement gives the named insured the option to change the maximum
number of days of payroll expense covered during the period of restoration from
60 days to the number of days on the endorsement schedule. It applies to only
the specific employees or job description indicated. It does not affect any
other employees or job descriptions. The payroll expense does not have to be
necessary for the named insured to resume operations.
BP 14 75–Increased
Cost of Loss and Related Expenses for Green Upgrades (07 13 changes)
This endorsement covers the costs of loss and related expenses for green
upgrades to buildings with respect to the locations, covered property, and
number of days on the endorsement schedule. The 07 13 edition makes the
following changes:
BP 14 78–Exclusion of
Loss Due to By-Products of Production or Processing Operations (Rental
Properties) (07 13 addition)
A tenant’s operations
may produce vapor, gas, smoke, or other substances as a regular part of
production. In that case, the property owner’s coverage form excludes any
damage those releases cause. This applies to meth-house situations, grease
residue, and other substances. This applies to the buildings and locations on
the endorsement schedule.
BP 14 79–Specified
Business Personal Property Temporarily Away from Premises (07 13 addition)
This endorsement is not used with salespersons or their samples. The
property temporarily off premises must be described and a limit for it entered
on the endorsement schedule. Temporarily is not defined. The named insured or
an employee authorized to have the property must have care, custody, or control
of it. Property is covered at exhibitions, trade shows, in transit, and other
locations within the coverage territory but not while in the air or on the
water.
BP 14 80–Higher Limits
(07 13 addition)
This endorsement can
be used to increase the limits of insurance for certain coverages instead of
using the declarations to do so.
BP 14 81–Limitations
on Coverage for Roof Surfacing (07 13 addition)
This endorsement restricts coverage. It contains two potential
limitations. The first changes valuation on roofs from replacement cost to
actual cash value. The second excludes loss or damage by wind or hail to the
roof that is considered only superficial or cosmetic. The premises must be
scheduled along with the limitation selection(s).
BP 14 82–Increase in
Rebuilding Expenses following Disaster (Additional Expense Coverage on Annual
Aggregate Basis) (07 13 addition)
The cost to repair a house damaged during a disaster is often much more
than if the same damage occurred in normal time. This endorsement permits an
insured to schedule a higher limit for such expenses in anticipation of such a
need.
BP 14 83–Employee
Dishonesty–Named Employee(s) (07 13 addition)
The actions of any employee
listed on this schedule are covered under the employee dishonesty optional
coverage even if they had committed theft or other dishonest acts before this
policy’s inception date.
BP 14 84–Windstorm or
Hail Exclusion (07 13 addition)
This endorsement
excludes direct or indirect loss or damage by windstorm or hail.
BP 14 86–Communicable
Disease Exclusion (07 13 addition)
This endorsement
excludes bodily injury, property damage, or personal and advertising injury
that arises out of alleged or actual transmission of communicable diseases. It
applies to both alleged and actual transmission.
BP 14 87–Additional
Insured–Owners, Lessees, or Contractors–with Additional Insured Requirement for
Other Parties in Construction Contract (07 13 addition)
This endorsement is
identical to BP 04 51 except that it adds an additional group as automatic
additional insureds. This group is any party the named insured is required to
make additional insureds based on a construction contract with another party.
The named insured is not required to have a contract with the others. However,
when the construction contract expires, all automatic additional insureds that
were part of that contract are no longer additional insureds.
BP 14 88–Primary and
Noncontributory–Other Insurance Condition (07 13 addition)
This endorsement states that
coverage for additional insureds is on a primary and non-contributory basis but
only when required by a contract. The non-contributory agreement applies to only
policies where the additional insured is a named insured.
BP 14 89–Liquor
Liability Coverage–Bring Your Own Alcohol Establishments (07 13 addition)
This endorsement is
used in place of the BP 04 89–Liquor
Liability Coverage to provide liability
coverage that arises from an insured
selling, serving, or furnishing alcoholic beverages to any person who brings
alcoholic beverages on the insured’s premises.
BP 14 91–Amendment of
Personal and Advertising Injury Definition (07 13 addition)
This endorsement
deletes from the definition of Personal and Advertising Injury offenses that
involve any oral or written publication of material that violates a person’s
right to privacy.
BP 15 04–Exclusion-Access
or Disclosure of Confidential or Personal Information & Data-Related
Liability-With Limited Bodily Injury Exception (05 14 addition)
This mandatory endorsement
replaces the B.1.q. Electronic Data policy exclusion. It adds wording to the
exclusion so that liability, except
personal and advertising injury, involving business data breach is excluded. Electronic data is defined in the endorsement.
Bodily injury is an exception to the exclusion
except for the data breach. BP 15 05–Exclusion-Access or Disclosure of
Confidential or Personal Information & Data-Related Liability-Limited
Bodily Injury Exception Not Included (05 14 addition)
This optional form
is more restrictive than BP 15 04 because it eliminates the bodily injury
exception. It can be used in place of BP 15 04.
BP 15 06–Exclusion-Access
or Disclosure of Confidential or Personal Information (Personal &
Advertising Injury Only) (05 14 addition)
This optional
form can be used with BP 15 04 because it eliminates coverage for personal and advertising injury due to data
breach.
BP 15 07–Information
Security Protection Endorsement (03 15 addition)
This form amends
the ISO BOP to provide coverage for both first party expenses as well as third
party liability for damage and injury caused to others as a result of certain
data breaches.
BP 15 08–Payment
Card Industry (PCI)-Provide Coverage for Defense Expenses & Fines or
Penalties (03 15 addition)
This form can be
attached only when BP 15 07 is on the policy. It expands coverage to include defense
costs, fines and penalties that an insured company may face due to credit card
damage claims, alleging noncompliance with credit card agreements.
BP 15 10–Provide
Coverage for Dishonest, Malicious or Fraudulent Acts Committed by Employees (03
15 addition
This form can be
attached only when BP 15 07 is on the policy because it expands the exception
within exclusion r. on the BP 15 07 to apply to all Insuring Agreements.
BP 15 11–Exclusion
– Unmanned Aircraft (12 16 addition)
This
endorsement amends the Aircraft, Auto or Watercraft exclusion to specifically exclude
unmanned aircraft for bodily injury and property damage. It also introduces a
personal and advertising exclusion for unmanned aircraft ownership,
maintenance, entrustment or use.
The term
unmanned aircraft is defined.
The schedule
in the endorsement is available to limit to the exclusion to apply to only bodily
injury and property damage or to only personal and advertising injury.
BP 15 12–Limited
Coverage for Designated Unmanned Aircraft (12 16 addition)
This
endorsement is identical to BP 15 11 except that any scheduled unmanned
aircraft and the project for which it is used are excepted from the exclusion.
The exception is subject to the Unmanned Aircraft Liability Aggregate Limit
scheduled on the endorsement. This limit is not additional limits but instead
is subject to the policy occurrence and the general aggregate limits.
BP 15
30–Cannabis Property Exclusion (09 19 addition)
Related
Article: Cannabis Exclusion Endorsements
BP 15
31–Cannabis Property Exclusion with Hemp Exception (09 19 addition)
Related
Article: Cannabis Exclusion Endorsements
BP 15
32–Cannabis Liability Exclusion (09 19 addition)
Related
Article: Cannabis Exclusion Endorsements
BP 15
33–Cannabis Liability Exclusion with Hemp Exception (09 19 addition)
Related
Article: Cannabis Exclusion Endorsements
BP 15
34–Cannabis Liability Exclusion with Hemp and Lessors Risk Exemptions (09 19
addition)
Related
Article: Cannabis Exclusion Endorsements
BP 17 01–Condominium Association Coverage (07 13 changes)
This endorsement amends
coverage to apply to condominium associations. If a unit owner has other
insurance that covers the same property that this insurance covers, it makes
this insurance primary and non-contributory with the unit owner’s insurance.
Coverage applies to listed real and personal property. The 07 13 edition is revised to be consistent with changes made to
Business Personal Property in the 07 13 edition of BP 00 03–Businessowners
Coverage Form.
BP 17 02–Condominium Commercial Unit-Owners Coverage (07 13 changes)
This endorsement amends
personal property coverage to apply to the special needs of condominium
commercial unit owners. The 07 13
edition is revised to be consistent with changes made to Business Personal
Property in the 07 13 edition of BP 00 03–Businessowners Coverage Form. It also
adds to Business Personal Property leased personal property that the named
insured is contractually required to insure.
BP 17 03–Condominium Commercial Unit-Owners Optional Coverages (07 13 changes)
This endorsement provides
loss assessment and miscellaneous real property coverages for condominium
commercial unit owners listed on the endorsement schedule. The 07 13 edition
makes the following changes:
BP 17 24–Condominiums,
Co-Ops, Associations–Directors and Officers Liability Endorsement
This endorsement adds Directors and Officers (D & O) Liability
Coverage for condominiums, co-ops, and community associations eligible for
coverage under the ISO Businessowners Program. It provides Management
Liability, Association Reimbursement, and Association Liability coverages.