What is a blanket additional insured endorsement
By definition: A blanket additional insured endorsement is an insurance policy endorsement that automatically provides coverage to any party to which the named insured is contractually required to provide coverage.
In laymen terms, people that your business works with often want an added layer of protection for your negligence and as such will require to be added to your insurance policy as an addition insured. I quicker, more cost effective way of handling this is through an instrument called a Blanket AI Endorsement, which automatically protects those that you go into agreement at the time of execution of that agreement via contract or otherwise.
Commercial insurance can be tricky at time and you should be having detailed conversations with your insurance agent as to the best practices in ensuring your business is properly covered.
If we can be of assistance, please do hesitate to reach out.
Eastman Insurance Solutions
http://EISCalifornia.com * 707-402-8887
490 Merchant St, Suite 202 Vacaville CA 95688