A business income coverage endorsement limiting to a specified number of days (such as 90 days), or eliminating altogether, coverage for payroll expense of employees other than executives, department managers, employees under contract, and other “important” employees.

The 2012 edition of the standard ordinary payroll limitation or exclusion endorsement (CP 15 10) was retitled “payroll limitation or exclusion.” It limits or excludes coverage for payroll expense for any employee or category of employees, rather than just “ordinary” payroll.


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