what is the difference between

Message Author
ampm-bookmark
delicious-small Add to del.icio.us
yahoomyweb-small Add to YahooMyWeb
simpy-small Add to Simpy
blinklist-small Add to BlinkList
PostPosted: Fri Sep 16, 2011 6:56 pm   Post subject: what is the difference between  

what is the difference between additional insured and certificate holder
_________________
Register Now to have your Insurance queries solved.
Guest






PostPosted: Sat Sep 17, 2011 12:41 am   Post subject:   

An additional insured has certain rights under the policy. A certificate holder is just given information about the policy, they are not always an additional insured.
tcope
Forum Expert
Leave a quick message

Forum Expert
tcope
Joined: 22 Nov 2006
Posts: 5199

Location: Salt Lake City, UT
286.08 Dollars($)

PostPosted: Mon Sep 19, 2011 12:45 pm   Post subject: difference  

Certificate Holder – a person or entity that requests a proof of insurance from the named insured.

Additional Insured – a person or organization for which the named insured is performing operations under a contract, and for whom the named insured is contractually obligated to furnish additional insured coverage.

_________________
Register Now to have your Insurance queries solved.
Anky
Guest






PostPosted: Tue Sep 20, 2011 8:27 am   Post subject:   

Being a certificate holder entitles that entity to receive notices of any changes in the policy. A certificate of insurance itself bestows no rights upon the holder. It is merely for informational purposes. The certificate of insurance usually lists the type of insurance, amount of insurance, the insuring company and contact information. Certificate of insurance simply shows a proof that “Named Insured” actually has insurance.

As an “additional insured” you are actually given coverage and have rights in the event of a future claim.


____________________
Loss Adjusters
meenakshidpfoc
Member
Leave a quick message


Joined: 18 Mar 2011
Posts: 55


6.51 Dollars($)

Quick Reply
Your Name
Subject
Message body
All times are GMT
Page 1 of 1


Get Free Auto Insurance Quote
*State:

Ask Community Experts

flash plugin

Quick Links
Must See
Community
Insurance on Facebook
Hot topics in forums

Latest in blogs



Page loaded in 0.454 seconds.