additional insured endorsement

An additional insured endorsement is a modification to an insurance policy that extends coverage to a third party, such as a business partner or client. It means that instead of just the named policyholder being protected, the other party also gains insured status under the policy. This helps protect them from liabilities related to the insured’s activities, reducing their risk and providing peace of mind. It’s commonly used in construction, service contracts, or partnerships to share coverage and prevent disputes if a claim arises.