What it does
IH 68 04 appears in carrier forms schedules as the Boom Limitation Endorsement used with the Contractors Equipment Coverage Form. Boom limitation endorsements restrict coverage for damage to booms, typically when a boom collapses or is damaged during operation.
Who needs it
Carriers attach it to accounts with cranes, aerial work platforms and similar boom equipment, where boom damage during lifting is a frequent loss.
Quoting and selling notes
Ask what lifting equipment is owned, rented or leased, operator certification, and loss history involving booms. Read the carrier's wording to see whether boom damage is excluded entirely or covered only for named causes, and whether a buyback is available.
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.
