Sentences with phrase «common additional insured»

[1] The most common additional insured endorsements are generally speaking very restrictive in their application.

Not exact matches

First, let us point out that additional insured is common on commercial policies.

Common carrier death benefit provision — If the insured dies while on an airplane, train, or bus, this rider provides an additional death benefit equal to 100 % of the original face amount.

If the insured dies in an accident while he or she is a fare - paying passenger on a common carrier (e.g., airplane, train, or bus), this rider provides an additional death benefit equal to 100 percent of the original face amount or $ 250,000, whichever is less.

This rider can provide an additional amount of death benefit coverage to the policy beneficiary if the insured dies due to accidental injuries that occur while he or she is riding as a fare - paying passenger on a common carrier, such as an airplane, a bus, or a train.

Double the additional amount is payable if the accidental bodily injury occurs while the insured is a fare - paying passenger on a common carrier.

Other common stipulations include naming your leasing company as an additional insured and loss payee on your car insurance policy.

The Travel Accident Benefit pays an additional 100 % for accidents in which the insured was a passenger on a public conveyance being operated by a common carrier to transport passengers for hire.

A blanket additional insured endorsement is most commonly found in liability insurance policies, though it is typically not a common feature of the policy language.

A common endorsement for your commercial policy is adding an additional insured, which means another person or company with whom you do business would be covered under your policy if he suffers a loss while engaged in business with you.