Who is consider an insured on my policy?
Whether you operate as a sole proprietor or a corporate entity, you may find yourself asking the question, “who is considered an insured on my policy?” The TIAC policy defines an INSURED or INSUREDS as:

  • the Named Insured specified in Item 1 of the policy Declarations;
  • any owner, partner, officer, director, stockholder, member or employee of the Named Insured while acting within the scope of his or her duties for the Named Insured;
  • any former owner, partner, officer, director stockholder, member or employed of the Named Insured while acting within the scope of his or her duties for the Named Insured;
  • as respects the liability of each Insured in the above, the heirs, executors, administrators and legal representatives or each Insured in the event of his or her death, incapacity or bankruptcy;
  • any lawful spouse of any person qualifying as an Insured under this policy, but only with respect to Claims arising solely out his or her capacity as a spouse unless such spouse otherwise qualifies as an Insured under the policy.

A thorough review of any insurance policy is always best and if you have a question about your TIAC policy, reach out to your representative to help you review and understand your coverage.

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This information is provided for the purpose of illustration. The coverage provided is that set forth in the terms, conditions, and limitations of the policy of insurance.