Watch the full video at https://rumble.com/vg7oeh-a-video-explaining-the-requirements-of-additional-insured-provisions-in-ac.html and at https: // youtu.be/aBnA3wJkg8g  Although the requirement of "additional insured" provides the owner and architect with additional security, it can add to the insurance costs. Regardless, the requirement is often included in contract documents and, if not carefully formulated, can result in several disputes about which insurer is required to defend which insured. Contract language should be designed to avoid such disputes.
An owner and a contractor should do everything possible to obtain language in their contract forms in order to avoid ambiguous "additional insured" claims. The formal language in the example above contains a requirement for the contractor to provide the owner with a certificate, a copy of the actual approval that makes the owner further insured and a copy of the entire insurance. An owner who receives an approval should read it carefully and if it is not clear, the owner should demand that it be clarified.
The requirements are usually verified by the contractor providing the owner, architect and others with a "certificate". insurance ”which is a statement by an insurance agent or broker that the insurance exists when the certificate is signed with the amounts stated in the certificate by the represented insurers. A certificate is not insurance but only proof of insurance at a certain time. Certificates often promise to give advice to the certificate holder if the insurance is canceled or otherwise expires. . Failure to do so may terminate the insurance contract held by the California Court of Appeals in Liberty Mutual Insurance Co. v. Altfillisch Construction Co. 70 Cal.App.3d 789, 139 Cal.Rptr. 91 (Cal.App.Dist.4 1977) in which the court held that the exception was "manifestly a violation of the insured's implied union of good faith and fair trade."
© 2021 – Barry Zalma
Barry Zalma, Esq., CFE, now limits his practice to working as an insurance consultant specializing in insurance coverage, insurance claims handling, infidelity and insurance fraud almost [insurersandinsurersalike
. He also acts as an arbitrator or mediator for insurance-related disputes. He practiced law in California for more than 44 years as a lawyer for insurance coverage and claims handling and more than 52 years in the insurance industry. He is available at http://www.zalma.com and firstname.lastname@example.org.
Mr. Zalma is the first recipient of the first annual Claims Magazine / ACE Legend Award.
For the past 53 years, Barry Zalma has devoted his life to insurance, insurance claims and the need to defeat insurance fraud. He has created the following library of books and other materials to enable insurers and their claims staff to become insurance claims staff.
Go to the podcast Zalma On Insurance at https://anchor.fm/barry-zalma; Follow Zalma on Twitter at https://twitter.com/bzalma ; Go to Barry Zalma videos on Rumble.com at https://rumble.com/c/c-262921; Go to Barry Zalma on YouTube- https://www.youtube.com/channel/UCysiZklEtxZsSF9DfC0Expg; Go to the library for insurance claims – https://zalma.com/blog/insurance-claims-  bibliotek / Read posts from Barry Zalma at https://parler.com/profile / Hymn / post; and the last two issues of ZIFL at https://zalma.com/zalmas-insurance-fraud-letter-2/ podcast now available at https://podcasts.apple.com/us/podcast/zalma-on -insurance / id1509583809? uo = 4