Yes, In New York, that is true for medical professional liability.
General liability insurance does not provide property coverage, except for 3rd party claims alleging property damage due to the insureds' negligence.
Yes but you would need to have the lessor and the lessee as additional insureds on the policy.
Insurance endorsement CG20051185 is a specific type of endorsement used in commercial general liability (CGL) policies. It is commonly referred to as the "Additional Insured – Owners, Lessees, or Contractors – Scheduled Person or Organization" endorsement. This endorsement extends coverage to additional parties, such as property owners or contractors, by including them as additional insureds on the policy, but only for the specific projects or locations listed in the endorsement. It helps protect these parties from liability arising from the actions of the named insured.
Individual added to a life insurance policy other than the insured named in the policy. For example, an insured father can have a dependent son and daughter added to the policy as additional insureds. In many instances, adding an additional insured to an existing policy is less expensive than purchasing a separate policy for that insured. In property and liability insurance: another person, firm, or other entity enjoying the same protection as the named insured.
The CG7921 Additional Insured Form is an endorsement used in commercial general liability insurance policies. It extends coverage to additional parties, such as contractors or clients, by designating them as additional insureds under the policy. This means that those additional insured parties are protected against claims arising from the policyholder's operations or negligence. The form specifies the scope of coverage and is often required in contractual agreements to ensure that all parties are adequately protected.
No
group insurace
Contractors Liability Insurance would protect against damage and injuries that you may cause. Many companies that you do a job for would request an additional insured endorsement which may cost you an extra $100 per endorsement. Blanket additional insured endorsements cost about 3 to 4 times that, and make sense when you are adding more than 4 additional insureds to your policy. Other coverage that you might want to consider are: Business Personal Property, Loss of Income, Workers Compensation and Commercial Vehicle Coverage.
Most group (insurance you get thru your employer) health companys/policy refer to their insureds as 'members'.
It will be listed on your "declarations page". This page lists the named insureds, coverages, limit, and deductible. If you don't have one then ask your agent for another copy. They usually come in the mail when your policy renews every year.
Because this form is designed for general liability policies because the insurer is obligated to defend and indemnify that additional insured in accordance with the policy terms and conditions. Generally, the insurer remains obligated to fulfill its obligations under the policy even if the additional insured's negligence is the sole cause of the liability for which damages are being sought. Insurers, however, always try to limit their exposure as to additional insureds and the intent is not to cover other company's employees. Coverage for those employees should be provided by their employer and most General Liability specifically exlude coverage for employees.
No, The medical coverage portion of your policy (usually $500) is for minor injuries that can occur around the home and is specific to the named insureds. Your home insurance policy is not a replacement for major medical insurance. If your guest feels you are responsible for their injuries through your negligence then they could sue you for coverage under the liability portion of your home insurance policy.