What it does
CR 35 01 removes the property described in its schedule from coverage under the inside and outside the premises agreements, letting an underwriter carve out items such as precious metals or high-value goods.
Who needs it
Accounts holding property the underwriter will not cover on a crime form.
How it fits the policy
An exclusion endorsement narrows the base form; it is listed among the endorsements forming part of the policy on the declarations. Because exclusions are often attached by the underwriter rather than requested, check the forms schedule on every quote and renewal and explain any added exclusion to the insured. ISO's forms index lists the current edition for 38 jurisdictions, so confirm it is approved in the insured's state.
Quoting and selling notes
- Find another market or inland marine coverage for the excluded items.