Explain why the named insured provision is important

Reference no: EM131411597

Assignment

Write a 700- to 1,050-word paper using a modality of your choice. Using your current/former employment information, include the following:

• Identify the basic parts of insurance and add where these would be used at your company/industry. Why?

• Explain why the Named Insured provision is important.

• Interpret what impact the coinsurance provision (Conditions Section) has on the insured. Give two examples of where this would be used.

• Evaluate the importance of an insurance endorsement or rider, and use your company/industry as an example of what endorsements or riders might be needed.

Format your submission consistent with APA guidelines.

Reference no: EM131411597

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