What Is an Insurance Guaranty Fund? What Is a Prudential Alliance Account? What is Lloyd's of London? The Basics of Medical Malpractice Insurance What Are Insurance Endorsements? Understanding Your Experience Rating Worksheet Difference Between a Named Insured, Insured, and Additional Insured ...
Depending on its business needs, a company may need to name other companies or persons as "additional insured" under its commercial liability insurance policy.7This is common when businesses enter into a contract with another entity. For example, if an automobile repair garage enters into a contr...
Combined with an SR-22 or FR-44 financial responsibility form, a non-owner policy proves that you’re serious about getting back behind the wheel. A non-owner car insurance policy is considered a “named insured” policy. This means only the person named on the policy is covered. Many ...
A related term is “additional insured.” In some cases, a party may be named as a loss payee and an additional insured. This party is added to an insurance policy to receive coverage in the event of a suit. In a simple example, when people lease vehicles and get into accidents, it ...
A Single Premium Immediate Annuity (sometimes referred to as an "SPIA") may be the right annuity for you if you are looking for payments that begin right away and continue for the rest of your life or for a specified period of time. The annuity is purchased from an insurance company ...
named insured has indicated that it will add another party to the policy. The contract or agreement must be written and may be reviewed by the insurer to determine if coverage is a requirement. If the party is ultimately considered an additional insured, the insurance company will issue the ...
aequal to the replacement cost and Buyer shall be named on Seller's insurance policies as an additional insured with loss payable to 均等到重置成本和买家在卖主的保险单将命名作为一个另外的被保险人与损失付得起对[translate] a周末应该允许学生玩电游 Weekend should allow the student to play the el...
It’s worth checking with your insurer to make sure that you and any named drivers are fully covered before you start driving to work. Get Car Insurance with Zego No matter how far you plan on driving, you need to be properly insured before you hit the road. At Zego, we offer flexible...
Travel insurance providers saw a need to start adding COVID-19 as a “named peril,” meaning if insured travelers catch the virus, they won’t have the added stress of the financial loss on top of having to worry about their health. TravelInsurance.com can help you identify...
On standard home insurance, personal property coverage, also called Coverage C, is usually written on a named perils basis. This means your personal belongings, like appliances, jewelry, and furniture, are insured against the perils mentioned in the policy. Loss of use Coverage D, also known as...