Adding an additional insuredis a way of enabling a person or a group other than the policyholder to file a claim in case they are sued. An additional insured is typically added to a general liability insurance policy, commercial property orcommercial auto policy. Coverage could be for one sing...
Additional interest and additional insured certainly mean one thing in numerous areas but additional interest is more appropriately used on various property policies, than on a personal auto policy. In a life insurance policy, an insured can have his beneficiaries be included in the said policy as...
In the case of a public concert, for example, if someone is injured while the crowd is unruly, both the city and the concert sponsor will likely be sued. As an additional insured under the concert sponsor's policy, the city can tender the claim under that policy instead of having to fi...
A person or company listed on aninsurance policyin addition to the primarypolicyholder. For example, thehead of householdmay list her husband and children as additional insureds on herhealth insurance. This is often lessexpensivethanbuyingseparate policies. An additional insured is also called an ad...
Blanket Additional Insured EndorsementSole NeligenceContractual LiabilityDuty To DefendThis article covers the relationship between the general contractor and subcontractor in the context of an Additional Insured Endorsement on behalf of the general contactor under the subcontractors policy. Coverage depends on...
ON BALANCE, you’d rather be an additional insured on someone else’s liability policy, not an additional named insured.
"A. Section II - Who Is An Insured is amended to include as an additional insured the person(s) or organization(s) shown in the Schedule, but only with respect toliability for "bodily injury", "property damage" or "personal and advertising injury" caused, in whole or in part, by收藏...
An additional insured can be anyone who could potentially face legal action due to an incident involving the insured’s property in question, such as: The co-owner of the vehicle A landlord An employer By being added to the policy, the additional insured receives protection against these specifi...
Although you can be double insured (a good thing), you could be waiting for a decision on insurance coverage for an extended period of time. If you are pressed for time (medical bills,car repairs, funeral expenses, rental car, etc.), suggest to your insurance company to advance payments ...
Based on the Chinese laws,the paper pointed out that insurable interest means that the applicant or the insured has the interest on the subject matter of insurance which is not prohibited by the laws,and both sellers and buyers in international cargo sales have insurable interest on the cargo....