Tag: additional insured, real estate

Are You Really an Additional Insured?

An additional insured is a person or organization that is provided insured status under another parties’ insurance policy. It is a common requirement in many contracts where transference of risk is desired. Additional insured status grants protection from risk and liability that may arise out of the named insured’s operations, performance, negligence or conduct. Many […]

Written by myCOI on September 5, 2012

Are You Really an Additional Insured?

An additional insured is a person or organization that is provided insured status under another parties’ insurance policy. It is a common requirement in many contracts where transference of risk is desired. Additional insured status grants protection from risk and liability that may arise out of the named insured’s operations, performance, negligence or conduct. Many […]

Written by on September 5, 2012