• Spoilage Coverage

    Spoilage Coverage ISO Form CP 04 40 Summary: The Spoilage Coverage form, CP 04 40 06 07 , can be used to modify the Building and Personal Property Coverage form and the Condominium Commercial Unit-owners Coverage form. It provides coverage for perishable stock due to breakdown or contamination or...

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  • Leasehold Interest Coverage

    Leasehold Interest Coverage ISO Simplified Commercial Property Program Summary: Leasehold interest insurance protects against financial loss suffered by a building tenant, when a favorable lease is cancelled before expiration because of loss or damage to the building by an insured cause of loss....

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  • ISO Home Business Insurance Coverage - Property

    ISO Home Business Insurance Coverage - Property Definitions and Property Coverages Summary: Insurance Services Office (ISO) has developed a Home Business Insurance Coverage endorsement, HO 07 01 05 11 , that may be used to insure a home business. When this endorsement is attached to a homeowners...

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  • NFIP Residential Condominium Building Association Policy

    NFIP Residential Condominium Building Association Policy National Flood Insurance Program Summary: There are three standard policies used for writing flood insurance under the National Flood Insurance Program (NFIP). These are the dwelling, general property, and residential condominium building...

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  • Commercial Property Conditions

    Commercial Property Conditions ISO Commercial Property Program Summary: All policies issued under the ISO commercial property program must include the Commercial Property Conditions Form CP 00 90 07 88 . (The one exception is when the Mortgage Holders Errors and Omissions Form— CP 00 70 06 07...

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  • Common Policy Conditions

    Common Policy Conditions ISO Commercial Property Program Summary: The Common Policy Conditions form, IL 00 17 11 98 , of the ISO simplified-language commercial property program contains six conditions that must be incorporated into any policy written under the program and that apply to all the...

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  • Jewelers Block Coverage Form

    Jewelers Block Coverage Form ISO Commercial Inland Marine Program Summary: The jewelers block policy, written subject to commercial inland marine rules and forms promulgated by Insurance Services Office, provides open perils coverage specifically tailored for the needs of insureds in the retail...

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  • Business Income Worksheet Comparison

    Business Income Worksheet Comparison The Business Income Worksheet and the Combination Gross Earnings Business Interruption Worksheet Summary: Along with the 1986 simplified business income coverage form, the Insurance Services Office introduced a revised business income worksheet. It was updated...

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  • Extra Expense Insurance

    Extra Expense Insurance Contrasted with Business Income Coverage Summary: What will be the insured's most pressing need if a fire or other disaster interrupts the normal operation of the enterprise? Specifically, if normal relations with customers are interrupted for a time, what will be the...

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  • Agricultural Capital Assets (Output Policy)

    Agricultural Capital Assets (Output Policy) ISO's Agricultural Capital Assets (Output Policy) Summary: The Insurance Services Office (ISO) has an agricultural capital assets program that enables insurers to provide coverage and flexibility for medium to large agricultural accounts. Eligible...

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  • Installation Floaters

    Installation Floaters Written in Conjunction with Builders Risk Policies Summary: The typical builders risk policy covers only property on the described premises. Neither does it provide coverage for the property while in transit. An installation floater covers a certain type of property while...

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