Who is an "Insured?" Not as basic a question as it may sound. Status as an insured must exist before ANY question of coverage can be tackled – if the individual or entity is not an insured, there is no reason to go any further researching a loss. The best-designed insurance program does little good if the person or entity suffering loss or being held financially responsible is not an "insured." Knowing who is, is not, and who can be an "insured" will lead to a great program being made better by allowing any unintended gaps in insured status to be exposed and corrected before loss occurs.

There are four levels of "insured" status in the CGL and BAP, and each level is granted a different degree of protection. All four levels are given unique rights and responsibilities; but each has a different breadth of protection. Understanding these four levels and each one’s relationship to the coverage provided allows improved preparation and planning in the initial design and implementation of the insurance program. The four levels of insured status are:

1. Named Insured;
2. Automatic Insureds;
3. Additional Named Insureds (either by scheduling on or endorsing to the policy); and
4. Additional Insureds.

Participants in this webinar will:

• Understand the four levels of "insured" as they relate to the CGL and BAP;
• Learn what endorsements alter the definition; and
• Learn when to properly use some of these endorsements.