A person or organisation that is covered by an Insurance policy. The Insured means the named Insured on the policy.
The ‘Named Insured’ on a policy can also be extended to include a Principal, Partner or Director of the Named Insured but only in respect of work on behalf of the Named Insured.
It can also extend to cover an Employee but only in respect of work performed while an employee of the Named Insured and on behalf of the Named Insured's.
PLEASE NOTE THIS DOES NOT REPRESENT 'FINANCIAL ADVICE' AS EACH PERSON'S INDIVIDUAL REQUIREMENTS WILL BE UNIQUE TO THEIR SPECIFIC NEEDS.
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