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Advanced Skills for the Insurance Broker and Agent

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Advanced Skills for the Insurance Broker and Agent Questions and Answers

Questions 1

How is a party treated when added to a liability policy as an additional named insured?

Options:

A.  

Named loss payees have more rights than the named insured.

B.  

The certificate holder receives the same protections under the policy as named insureds.

C.  

Additional named insureds can be amended by the broker without the need to inform the insurer.

D.  

Both the names of the corporation and the individual insured must be listed on the declarations page.