Additional Insured

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Additional Insured

A person or company listed on an insurance policy in addition to the primary policyholder. For example, the head of household may list her husband and children as additional insureds on her health insurance. This is often less expensive than buying separate policies. An additional insured is also called an additional interest.
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Ironshore s customized manufacturer-specific endorsements provide coverage for the insureds vendors and additional insureds to meet common industry contractual requirements.
In addition, a landlord may want to consider a requirement that the desk-sharer maintain insurance coverage in accordance with the insurance provisions of the lease, naming the landlord, any managing agent, and any mortgagee as additional insureds.
Since product liability policies are subject to an annual aggregate amount of insurance, loading up your policy with scores of your customers as additional insureds could possibly lead to a dilution of the insurance available to you to pay a serious claim, if your AI customer is also going to lay claim to some of those limits by virtue of their AT status.
She is co-author of the ABA's Handbook on Additional Insureds and regularly contributes to Law 360 and other publications.
Therefore, additional insureds need to know the limitations of relevant state law and how it applies to AI coverage.
In this situation, given the apparent intent of the additional insureds, wouldn't a better, simpler solution be to provide that the Named Insured's policy will be primary (an unambiguous and long-understood insurance term) to those of any additional insureds covered under that policy via the Other Insurance clause of the standard CGL?
Consider the passage of anti-indemnity statutes in California and Texas, which now bar project owners and general contractors from requiring subcontractors to both indemnify them and include them as additional insureds for certain liabilities.
The solution was to ask funeral homes to indemnify churches by naming them as additional insureds under its professional liability coverage.
It will also feature news on property damage interpretations, mold, occurrence, business risk exclusions, additional insureds, bad faith, obligations to pay, and allocation, as well as full-text court documents and expert commentary.
Among the featured content of the monthly report will be news on mold ligitation and construction law coverage of such issues as occurrence, business risk exclusions, property damage interpretations, obligations to pay, additional insureds and bad faith, among others.
But, one of the critical issues underlying this question is the risk of diluting your camp's liability insurance limits when many organizations are included as Additional Insureds.
Franchise agreements should require franchisees to obtain liability insurance coverage for claims arising from their franchised businesses and to name the franchisor, its officers, directors, employees and agents, as additional insureds.
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