Solving the Named Insured Puzzle in Commercial Lines Policies

Overview

What could be puzzling about named insureds? This course addresses questions such as who or what should be listed as the named insured(s) on an insurance application, especially if multiple entities are covered, the order in which named insureds should be listed, the different kinds of insureds and their respective rights and duties, and whether all of an entity’s commercial policies should list the same named insured(s). It provides a guide for determining who can be a named insured and “other insureds” under various commercial insurance coverages.

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Objectives

  • Recognize the nature and importance of insurable interest requirements
  • Recognize various types of insureds that commercial insurance policies might cover
  • Recognize the distinctions among named insureds and other types of insureds in commercial insurance policies and the rights and duties associated with each type
  • Recognize the issues that can arise with additional insured status

Designed For:

Property and casualty insurance agents, brokers, adjusters, and claims professionals at any level in their career


International Risk Management Institute, Inc. (IRMI) is the premier provider of risk and insurance continuing education and reference publications, and is considered the ultimate authority by leading insurance practitioners. Written by industry experts, IRMI courses provide the most up-to-date, practical and reliable information possible.

Course Information

Adding additional credit may change exam requirements.