Many commercial clients sign contracts which contain both indemnity agreements and additional insured requirements. Though these provisions are contained in the same contract, they serve different purposes. The purpose of this course is to discuss the difference between indemnitees and additional insureds and how they may or may not be covered by insurance.
Basic Course Information
Major Subjects
Types of indemnity agreements
What is and is not an "insured contract"
What are problems created by adding additional insureds
Why is the edition date of an additional insured endorsement important
Learning Objectives
Describe what an indemnitee is
Explain contractual liability and insurance coverage for the exposure
Look at the enforceability of contract requirements
Review various endorsements used to provide additional insured status
Ted Kinney is the owner/President of Kinney Training and Consulting, LLC. He is also the Director of Education and Technical Affairs for the Alabama Independent Insurance Agents Association. He has been in the insurance business for over 45 years and has been an underwriter, field representative, and insurance agent. He has the CIC, CPCU, ARM, AU, AAM AAI AINS CPIA and CRIS designations.
State Specific Details
State Approval Information Details
AL - This course is approved for 3 hours of credit - # 6000039968
Basic Course Information
Designed For
Insurance producers, customer insurance representatives and company employees
Promo Video
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PLEASE NOTE - THIS VIDEO ON DEMAND PURCHASE IS FOR INDIVIDUAL USE ONLY!! IF YOU ARE INTERESTED IN VIEWING THIS VIDEO ON DEMAND CLASS IN A GROUP SETTING PLEASE DO NOT FOLLOW THROUGH WITH THIS PURCHASE AND CONTACT SALLY SMITH DIRECTLY AT SALLY.SMITH@ABEN.TV!
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Additional Price
No Group viewing for vod
PLEASE NOTE - THIS VIDEO ON DEMAND PURCHASE IS FOR INDIVIDUAL USE ONLY!! IF YOU ARE INTERESTED IN VIEWING THIS VIDEO ON DEMAND CLASS IN A GROUP SETTING PLEASE DO NOT FOLLOW THROUGH WITH THIS PURCHASE AND CONTACT SALLY SMITH DIRECTLY AT SALLY.SMITH@ABEN.TV!