Being a Named or Additional Insured Not Always Necessary for Coverage
True or false: the only parties that can receive proceeds from an insurance claim settlement are those the policy specifically identifies as named or additional insureds.
Widespread belief might say this statement is true. But it is not always. There are circumstances under which modern insurance policies can apply coverage to non-insureds. The most prominent of these are discussed in this issue of Adjusting Today, authored by Donald Malecki.