18
Florida Pool Pro
sm
• August 2014
Performance and E ciency
Sales: (800) 937-6527
5 Years Labor/10 Years Parts- Limited Warranty
Swimming Pool
Heat Pumps
TM
10
Years
Intelligent Control and Design
State of the Art Manufacturing
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In general terms the additional insured form states:
Section II — Who Is An Insured is amended to include as an insured the
person or organization shown in the Schedule, but only with respect to liability
arising out of your ongoing operations performed for that insured.
Take the example of a landlord situation. If a guest (customer) slips and
falls inside the building in the tenant space due to the negligence of the tenant,
chances are both the tenant and landlord will be named in a lawsuit should
one be brought. If the cause of the slip or fall is exclusively the tenant’s fault
and the tenant has listed the landlord as an Additional Insured the tenants
insurance policy will defend and indemnify the landlord. In this way the AI
designation has transferred the landlord risk to the tenant.
In the same example, let’s say the guest tripped due to the negligence of the
landlord arising out of his maintenance (or lack of), and was his responsibility.
In this case the AI status from a tenant would not apply for the benefit of
the landlord and the building owner would have to seek coverage from his
insurance company.
So, how does the Blanket Additional
Insured form differ from the standard
form? Quite simply, a critical trigger for
the Blanket form to apply is that the
requirement of Additional Insured status
must be stated in a written, signed and
executed contract.
In fact, that same requirement applies
to Waiver of Subrogation. As long as it
is mandated in a contract the coverage
will extend, assuming you have added
that to your insurance program.
The advantages of the Blanket AI form
are that you avoid multiple endorsements
(and charges) to your insurance policy
