What does Additional Insured Endorsement mean? Read on to discover the definition & meaning of the term Additional Insured Endorsement - to help you better understand the language used in insurance policies.
Additional Insured Endorsement
Policy endorsement used to add coverage for additional insureds by name for example, mortgage holders or lessors. 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.)
We hope the you have a better understanding of the meaning of Additional Insured Endorsement.