What it does
IH 60 02 is filed as Spoilage And Loss Due To FDA Regulation Coverage (Contingent Cargo Coverage), 08 21 edition, for use with IH 00 60.
Who needs it
Brokers arranging food and pharmaceutical loads where spoilage claims are common.
Quoting and selling notes
Ask for the broker's share of reefer loads and how it confirms the hauling carrier has reefer breakdown coverage.
Before presenting it
Ask the carrier for the specimen of this endorsement and read it with the coverage form it modifies, since the endorsement only changes the provisions it names. Note it on the proposal so the insured knows how it changes the base form.