Learn more about the additional insured endorsement.

One of the most common commercial insurance policy endorsements is the additional insured endorsement. When a business performs work for another person or entity, the hiring company will often request that they be named as an additional insured under the policy holders policy.  This means that the policy holders policy takes on the obligation of extending your liability coverage to that particular third party to cover additional liability exposures that may arise.  There’s many different types of additional insured endorsements and using the correct one is based on the relationship between the Named Insured and the Certificate Holder.  An A. I. Is a contractual agreement so it’s important to be as detailed as possible when explaining the expectations and obligations to underwriters, policy holders, and certificate holders so that you can nail down the correct endorsement form.  Please contact us with further questions on this or any other risk management topic. We will see you again soon!