What it does
BP IN 01 is the Businessowners Coverage Form Index. ISO provides it as a convenience to help the policyholder find provisions in BP 00 03; it does not change coverage. Because it maps headings to page numbers, each edition is keyed to a specific edition of BP 00 03. The 07 13 edition appears in issued BOP policies alongside BP 00 03 07 13.
Who needs it
Every ISO BOP policy may carry it. Agents use it when explaining a claim or a coverage question to locate the property additional coverages, optional coverages, liability exclusions and conditions quickly.
Quoting and selling notes
- Match the index edition to the coverage form edition on the forms schedule; a mismatched index points to the wrong pages but has no effect on coverage.
- Because it is informational, it carries no premium.
Related forms
BP 00 03 Businessowners Coverage Form; BP DS 01 Declarations.