What it does
BP 04 12 limits Section II – Liability so that it applies only to bodily injury, property damage, personal and advertising injury and medical expenses arising out of the ownership, maintenance or use of the premises shown in the Schedule (and operations necessary or incidental to those premises) or the project shown. ISO's 2025 program overview titles the endorsement Limitation of Coverage to Designated Premises, Project, or Operation and describes it as limiting liability coverage to premises, operations and/or projects specified in the Schedule; some forms lists still show the shorter "Designated Premises or Project" title for the 04 17 edition.
Who needs it
Underwriters use it to keep the BOP from covering exposures they did not rate – for example a building owner with other business activities, or an insured with operations away from the scheduled premises.
Quoting and selling notes
- Point it out: anything not tied to the scheduled premises, project or operation has no liability coverage.
- Ask what else the named insured does and whether other locations are covered elsewhere.
- Missouri uses its own version (BP 06 15).
