Category Archives: Additional insured coverage

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INSURANCE POLICY RISK TRANSFERENCE – 2 WAYS

Posted in Additional insured coverage, Commercial General Liability (CGL), Contract liability coverage, Indemnity clauses, Risk transference

How does a policyholder enforce a contract in which one party assumes the risk of another?    Let’s break it down two ways: By additional insured (AI) endorsement.  AI is an insured. Insurer owes AI fiduciary duties. AI must follow policy terms for coverage. … Continue reading