broad form named insured endorsement
An endorsement added to a liability policy to reduce the insurance administrative
problems that large corporations encounter in acquiring new entities by covering
all entities for which the insured is responsible. Most of these endorsements
are similar to the following: "The Named Insured includes all subsidiaries,
affiliated, associated, controlled or allied companies, corporations, or firms
as now or hereafter constituted, for which the Named Insured has responsibility
for placing insurance and for which similar coverage is not otherwise more specifically
provided."
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CLI VII.D