CP 15 10 Payroll Limitation or Exclusion

An Insurance Services Office (ISO) standard form. It limits business income coverage for payroll expense to a set number of days, or excludes payroll expense entirely, for the employees and job classifications chosen in the schedule for each premises and building.

1. 10 12 edition

   Oct 2012, compared with 06 07Latest edition

   • The limitation or exclusion now applies to the employees and job classifications selected in the schedule for each premises and building, instead of all employees other than officers, executives, department managers and contract employees.

     06 07

     “"Ordinary payroll expenses" means payroll expenses for all your employees except”

     10 12

     “with respect to the job classifications and/or employees subject to the provisions of this endorsement”

   • Payroll is excluded only when the Payroll Expense Exclusion is selected in the schedule, rather than automatically whenever no number of days is shown.

     06 07

     “If the Schedule does not indicate number of days, then "ordinary payroll expenses" are excluded.”

     10 12

     “If the Payroll Expense Exclusion is indicated in the Schedule, then payroll expense is excluded from Business Income”

   • Payroll expenses subject to the endorsement now include bonuses and other incentive compensation.

     06 07

     Not in this edition

     10 12

     “Special compensation such as bonuses and other incentive compensation”

Filed by one company only: 10 90 (3 filings).

• Edition in use: in the past 12 months, 5 companies filed the 10 12 edition and 2 companies filed 06 07.
• The 10 90 edition appears only in filings from one company (3 filings in 3 states since Oct 6, 2023), which suggests a carrier-specific version.
• CP 12 11 (Burglary and Robbery Protective Safeguards) is filed alongside it most often, in 72 of the same filings (85%).

Data from admitted P&C filings with state insurance departments, submitted Oct 2021 to Jul 2026, excluding withdrawn and rejected filings. One filing can cover several affiliated companies.

• CP 12 11Burglary and Robbery Protective Safeguards72 filings
• CP 00 90Commercial Property Conditions71 filings
• CP 00 10Building and Personal Property Coverage Form70 filings
• CP 00 30Business Income (and Extra Expense) Coverage Form70 filings
• CP 00 32Business Income (Without Extra Expense) Coverage Form70 filings
• CP 10 33Theft Exclusion70 filings
• CP 00 50Extra Expense Coverage Form69 filings
• CP 00 40Legal Liability Coverage Form68 filings
• CP 04 15Debris Removal Additional Insurance68 filings
• CP 10 10Causes of Loss - Basic Form68 filings