The current standard ISO business income coverage form continues to permit insured businesses to differentiate between these two types of payroll and insure either both or just the executive salaries.
This differs from the current ISO business income coverage form, which merely stipulates that the "suspension" of operations that gives rise to the claim be caused "by direct physical loss of or damage to property at premises which are described in the Declarations and for which a Business Income Limit of Insurance is shown in the Declarations.
ISO provides several standard business income coverage forms, which are reviewed in this chapter to provide a framework for the types of coverage available.
* Business Income Coverage Form (And Extra Expense) CP 00 30
Despite the fact that ISO currently supports 2002 editions of its business income coverage forms
, the 1995 edition of the work sheet is the most current format.