1. Forms
  2. EP
  3. EP-00-02

What it does

EP 00 02 is the companion to EP 00 01 in ISO's Employment-Related Practices Liability program. As its title says, it carries separate limits for defense and indemnity, rather than a single limit. Forms lists show the 11 09 edition for Maine, Vermont and Wyoming, and the 01 02 edition for Alaska; related endorsements exist for the separate-limits structure, such as Deductible and Co-Payment Liability Insurance (Separate Limits for Defense and Indemnity) EP 03 04 and Extended Reporting Period Endorsement (Separate Limits for Defense and Indemnity) EP 28 07.

Who needs it

Employers in the states where forms lists show this version in use (Maine, Vermont and Wyoming for the 11 09 edition), or where the carrier offers separate defense and indemnity limits.

Quoting and selling notes

  • Show the client both limits on the quote and explain that defense spending does not use up the indemnity limit under this structure.
  • Use the matching separate-limits endorsements; the standard EP 03 02 and EP 28 01 are written for EP 00 01.

Related forms

EP 00 01; EP 03 04; EP 28 07.