. We all know for a fact that doing business today involves aspects such as contractual agreements, client partnerships, outsourcing agreements or vendor relationships, In such a scenario liability will have to shared and its accompanying risks can overlap. This is important especially for liability insurance policies. It is crucial to know who is covered and to what extent when a loss occurs or who is eligible for claim protection. To make these aspects clear liability policies have the terms ‘named insured’ and ‘additional insured’. Many liability insurance policyholders are not clear on these terms. In this blog we will break down these terms and the difference between them so that you as policy holder will know what to do when a claim dispute occurs. What is ‘named insured’ in a liability policy? The named insured is the additional policyholder in addition to the primary insured — the individual or business entity in whose name...