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The convenience and coverage of the BOP form SB14698A 01/06
Your clients' contracts frequently require you to carry GL coverage that
- Includes primary and non-contributory wording
- Includes a blanket waiver of subrogation
- Adds an owner, contractor or other entity as an additional insured
The BOP Blanket Additional Insured Endorsement with Products-Completed Operations Coverage & Blanket Waiver of Subrogation (form G123127B 12/02)includes all of these things and more.
Blanket Convenience
The Blanket Additional Insured Endorsement eliminates the hassle of adding additional insureds to the policy manually. With the endorsement, coverage is extended to parties through a contractual agreement. In addition to eliminating hassle, the blanket form also eliminates the usual $12.00 charge for each and every additional insured that are required to be included.
Broader Coverage
Many endorsements limit additional insured coverage to liabilities resulting from "ongoing operations." However, the CNA/Schinnerer endorsement provides broader coverage for "work" performed, extending coverage to claims made after the work is completed.
Availability
The form is currently approved in all states and the District of Columbia, except AK, HI, LA and NY. Adding the endorsement costs $75.00 or 5% of the overall BOP premium, whichever is greater.
See a sample copy of the endorsement.
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