Category: Retail Stores Risk: Clothing Stores

PROPERTY – BUSINESS PERSONAL PROPERTY

Premises # _______ Building # _______

Location address:

____________________________________________________________________________________

Describe the business personal property.

____________________________________________________________________________________

Do the applicant’s business personal property values fluctuate? ___ Yes ___ No

If yes, is the fluctuation ___Monthly ___Seasonal (from_________ to _________)

Is the applicant’s business personal property:

Highly flammable: ___ Yes ___ No

Susceptible to severe damage from: ___Smoke ___ Heat ___ Water ___ Temperature

Do any other occupancies in this building present a significant exposure hazard to the applicant? Examples are explosion, fire or chemical hazards but are not limited to just them. ___ Yes ___ No

If yes, describe.

____________________________________________________________________________________

Would the applicant’s business personal property be damaged if the off-premises supplied heat, light or power failed? ___ Yes ___ No (If yes, answer the following:

Describe what would be damaged and how quickly.

______________________________________________________________________

How is the heat, light, or power transmitted to the applicant?

_______________________________________________________________________

Will alarms sound or will other notification if power fails or shuts off? ___ Yes ___ No

Are backup generators available? ___ Yes ___ No

Are detailed records kept of all of the applicant’s inventory, machinery, fixtures, or equipment, including their purchase date and price? ___ Yes ___ No

Does the applicant label and assign inventory numbers to all items? ___ Yes ___ No