Death Benefits Clerk Question:

Explain me what do you mean by ‘Additional Insured’?

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Answer:

‘Additional Insured’ is the status associated mainly with property insurance and liability insurance. The additional insured will be protected under the main policy holder. For example a vehicle insurance policy which covers all the members of family and not only the owner.

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Explain me what happens if you fail to make required premium payments?Tell us is it advisable to replace the policy with another policy?