What Does Automatic Additional Insured Endorsement Mean?
What does Automatic Additional Insured Endorsement mean? Read on to discover the definition & meaning of the term Automatic Additional Insured Endorsement - to help you better understand the language used in insurance policies.
Automatic Additional Insured Endorsement
An endorsement sometimes attached to liability insurance policies that automatically grants insured status to a person or organization that the named insured is required by contract to add as an insured. May apply only to specific types of contracts or entities. Also referred to as a "blanket additional insured endorsement."
We hope the you have a better understanding of the meaning of Automatic Additional Insured Endorsement.
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