What it does
IL 04 15 adds a Protective Safeguards condition to the Commercial Property Conditions and to the general conditions of the farm forms (Farm Property – Other Farm Provisions, Mobile Agricultural Machinery and Equipment, and Livestock). The insured must maintain the protective devices or services listed in the Schedule:
- P-1 automatic sprinkler system.
- P-2 central-station or fire-alarm-station automatic fire alarm.
- P-3 security service with hourly rounds.
- P-4 private fire department service contract.
- P-9 any other system described.
An exclusion is added to the Causes of Loss forms, the Mortgageholders E&O form, the Standard Property Policy and the farm causes of loss forms. There is no coverage for fire if, before the fire, the insured knew of a suspension or impairment and failed to notify the insurer, or failed to maintain a listed safeguard under its control. An exception applies when a sprinkler shut-off for breakage, leakage, freezing or opened heads is restored within 48 hours.
Status
For the commercial property program, ISO replaced this interline form with CP 04 11 Protective Safeguards, which adds the P-5 commercial cooking system symbol and an "on at all times" requirement for automatic systems. IL 04 15 04 98 still appears on current policies, especially those including farm coverage.
