What it does
FP 12 02 is filed by ISO as Protective Safeguards for the farm program. Protective safeguards endorsements require the insured to keep listed protective devices or services (such as sprinkler or alarm systems) in operation.
Who needs it
Farms that received credit for fire protection systems in buildings.
Quoting and selling notes
Confirm what systems are listed and that they stay in service. FP 12 12 is the burglary and robbery counterpart.
Before presenting it
Ask the carrier for the specimen and read it with the farm coverage form it modifies before explaining it to the insured.
How it fits the farm policy
A farm program endorsement changes only the coverage forms named in its "this endorsement modifies" list. Everything else in the Farm Coverage Part keeps working as written: the FP 00 90 additional coverages, conditions and definitions, the causes of loss selected from FP 10 60, and the farm liability forms. When presenting a quote, list each farm endorsement with its schedule entries (insured location, building or item, limit, deductible) so the insured can see exactly where the base coverage was broadened or narrowed.
