Washington State Insurance Practice Exam

Who typically gets added to a policy as an additional insured?

1. Other insurers covering the same risk

2. Employees of the insured

3. Individuals or businesses with a specific interest, usually added by endorsement

4. Medical beneficiaries of the insured

The correct answer is: Individuals or businesses with a specific interest, usually added by endorsement

Individuals or businesses with a specific interest are typically added to a policy as an additional insured, usually through an endorsement. This is commonly done to provide coverage to parties who have a specific relationship or interest in the insured property or activity, such as landlords, vendors, or contractors. It is important to specify these additional insured parties in the policy to ensure they are adequately protected in case of any claims or losses. The other options are incorrect because: - Other insurers covering the same risk would not be added as additional insureds but may be involved in coordination of coverage. - Employees of the insured are usually covered under workers' compensation insurance or employee benefits, not as additional insureds. - Medical beneficiaries of the insured would typically be covered under health or medical insurance, not added as additional insureds to property or liability policies.