What it does
OP DS 02 is the supplemental declarations for the Capital Assets Program, filed with OP DS 01 in the 06 23 edition.
Who needs it
Policies written on OP 00 01 that need additional schedule detail.
Quoting and selling notes
Review it with OP DS 01; schedules of locations and sublimits often appear here.
Before presenting it
Ask the carrier for the specimen and walk the insured through covered property, causes of loss, exclusions, valuation, deductibles and sublimits before relying on this summary.
How it fits
Capital Assets Program endorsements change only the provisions they name in OP 00 01; the rest of the coverage form and its declarations (OP DS 01, OP DS 02) continue to apply. When presenting a quote, list each OP endorsement with its schedule entries (locations, limits, deductibles) and compare the package with the equivalent commercial property (CP) forms if the insured is weighing both programs.
