Designated insured endorsement
Term · Insurance and risk management · MLC-T-INS-001146
An endorsement that specifically names an individual or entity as an insured under a policy, granting them the same rights and protections as the named insured. This is often used when a party has an insurable interest in the named insured's operations or property, such as a landlord or a project owner. It clarifies who is covered and for what specific interests.
| Identifier | MLC-T-INS-001146 |
|---|---|
| Field | Insurance and risk management |
Record as JSON
{
"id": "MLC-T-INS-001146",
"term": "Designated insured endorsement",
"field": "Insurance and risk management",
"definition": "An endorsement that specifically names an individual or entity as an insured under a policy, granting them the same rights and protections as the named insured. This is often used when a party has an insurable interest in the named insured's operations or property, such as a landlord or a project owner. It clarifies who is covered and for what specific interests.",
"url": "https://mlchart.com/terminology/insurance/designated-insured-endorsement/"
}
Record 961 of 3,708 in Insurance and risk management terminology (MLC-0106). Request the full dataset.