Liability & Insurance
Liability & Insurance
Sample Form 9: Additional Insured – Managers Or Lessors Of Premises
Designation Of Premises (Part Leased To You) - | Not acceptable if left blank. Must show location of premises or “as required by contract”. |
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Name Of Person(s) Or Organization(s) (Additional Insured) - | Not acceptable if left blank. Must show exact name of the additional insured or “as required by contract”. |
Section II - Who Is An Insured - | The following endorsement is acceptable only if we have issued a lease to the party using our premises. Do not accept this endorsement if we have issued a permit or a license agreement. Permits and license agreements are different from leases. In the event of a claim, the insurer might try to deny our additional insured status if the agreement is something other than a lease. Section II - Who Is An Insured is amended to include as an additional insured the person(s) or organization(s) shown in the Schedule, but only with respect to liability arising out of the ownership, maintenance or use of that part of the premises leased to you and shown in the Schedule... |