What it does
IH 68 05 appears in carrier forms schedules as the Contractors Equipment While Underwater Or Underground Endorsement. IH 00 68 does not cover property while under water or while being used in underground mining, tunneling or similar operations; this endorsement addresses that exclusion.
Who needs it
Marine contractors, dredgers, tunneling and underground mining contractors, and utility contractors using equipment in trenches and tunnels.
Quoting and selling notes
Ask what equipment goes under water or underground, the job types and depth, and whether the waterborne optional coverage in IH 00 68 is also needed for equipment on barges.
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.
