Who Is an Insured Coverage and Executive Officer

March 21, 2012

I have an insured who owns several large buildings in his name as an individual; he leases the buildings to a corporation that he owns. The CGL coverage is written in the name of the corporation. I have asked the CGL carrier to add the owner, as an individual, to the policy as an additional named insured so that he would have protection for a loss caused by his negligence as an individual (e.g. improper maintenance of electrical panel causes fire).

This premium content is locked for FC&S Coverage Interpretation Subscribers

Enjoy unlimited access to the trusted solution for successful interpretation and analyses of complex insurance policies.

  • Quality content from industry experts with over 60 years insurance experience, combined
  • Customizable alerts of changes in relevant policies and trends
  • Search and navigate Q&As to find answers to your specific questions
  • Filter by article, discussion, analysis and more to find the exact information you’re looking for
  • Continually updated to bring you the latest reports, trending topics, and coverage analysis