Additional Interests- Adding Other Parties to Your Insurance Contract
NJ Course Code: #0310498 – 3 Credits
This course explores the issues of adding additional interests to insurance policies and what happens when their interest appear. The risk management process will be discussed in order to provide insurance and non-insurance alternatives to handling the issues of additional insureds. Discussion will include property and liability interests and how these clauses effect the outcome of claims settlement. Claims scenarios will be presented and discussed to demonstrate possible outcomes to all parties involved.