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ADDITIONAL INSURED
An individual or entity that is not automatically included as an insured under
the policy of another, but for whom the named insured's policy provides a certain
degree of protection. An endorsement is typically required to effect additional
insured status. The named insured's impetus for providing additional insured
status to others may be a desire to protect the other party because of a close
relationship with that party (e.g., employees or members of an insured club)
or to comply with a contractual agreement requiring the named insured to do
so (e.g., customers or owners of property leased by the named insured).
Coverage Explanations:
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