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Additional Insured

May 21, 2014 | By |

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A person or organization that enjoys the benefits of being insured under an insurance policy, in addition to the owner of the insurance policy. Typically, a larger and more powerful business will require that smaller entities (desiring to do business with them) have the larger business named as an additional insured.

Example:  Shipper will require that they be listed as an additional insured on a motor carriers policy.

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