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Broad Form Additional Insured Endorsement. Home Vendors Endorsement The General Liability endorsement entitled Additional InsuredVendors (CG2015) is commonly referred to as a vendors' endorsement.

How to fill out broad form additional insured

How to fill out broad form additional insured

1. Start by gathering all the necessary information about the party you want to add as a broad form additional insured.
2. Make sure you have a copy of the insurance policy that you want to add the additional insured to.
3. Review the policy to determine the coverage and limitations of the broad form additional insured endorsement.
4. Complete a separate endorsement form or addendum that specifically identifies the party being added as a broad form additional insured.
5. Provide all the required information about the additional insured, including their name, address, and any other relevant details.
6. Clearly state the effective date for the addition of the broad form additional insured.
7. Double-check all the information provided to ensure accuracy.
8. Submit the completed endorsement form or addendum to your insurance provider.
9. Follow up with your insurance provider to confirm that the broad form additional insured has been successfully added to the policy.
10. Keep a copy of the completed endorsement form or addendum for your records.

Who needs broad form additional insured?

1. Any individual or organization that wants to protect themselves from liability claims arising from their business activities may need broad form additional insured.
2. Common examples include subcontractors, tenants, landlords, vendors, and contractors working on a project.
3. It is also commonly required in contracts or agreements where one party wants to ensure they are covered by the insurance policy of another party.
4. Broad form additional insured provides an extra layer of protection and peace of mind for those who may be held liable for damages or injuries.

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What is broad form additional insured?

Broad form additional insured is a provision in an insurance policy that extends coverage to other parties, typically requiring the primary insured to include these parties as additional insureds under their policy.

Who is required to file broad form additional insured?

The primary insured party, who holds the insurance policy, is typically required to file for broad form additional insured status, especially when entering into contracts with other parties.

How to fill out broad form additional insured?

To fill out broad form additional insured, the primary insured should complete the necessary sections of the form, providing accurate details about the additional insured parties, including their names and addresses, and specify the relevant policy information.

What is the purpose of broad form additional insured?

The purpose of broad form additional insured is to provide liability protection to third parties who may be held responsible for claims arising from the actions of the primary insured, thereby mitigating their risk exposure.

What information must be reported on broad form additional insured?

The information that must be reported includes the names of the additional insureds, their addresses, the nature of the contractual relationship, and the specific insurance policy details that cover them.