An additional insured is a person or organization not automatically included as an insured under an...
additional insured endorsement
An additional insured endorsement is a policy endorsement used to add coverage for additional insureds by name—for example, mortgageholders or lessors.
Additional Information
There are a number of different forms intended to address various situations, some of which afford very restrictive coverage to additional insureds. (Rather than naming each additional insured, a blanket additional insured endorsement sometimes is available.)
Related Terms
Contractual risk transfer is the use of contractual obligations such as indemnity and exculpatory...
A named insured is any person, firm, or organization, or any of its members specifically designated...
