Blanket Additional Insured Endorsement
Categories: Insurance, Regulations
When you’re talking “blanket additional insured endorsement,” know that you’re talking “insurance,” everyone’s favorite topic. For the most part, this term is used with “liability insurance” specifically, which is what businesses buy to help protect themselves from employee lawsuits.
Let’s break this down. “Insured endorsement” is basically just a line item under an insurance policy. “Blanket additional” refers to whomever the policy covers. Most policies have you name specific names for who is covered, but big companies that have lots of random contractors and workers coming in and out don’t want to go to the trouble to add and take off all those names.
Therefore, they cover everyone (blanket) who is a part of a certain group, say, a type of contractor (additional).
Okay, so putting it all together: Blanket additional insured endorsement is a part of an insurance policy that covers a group of people, without the insured’s specific names on it. Don’t you just love insurance?
