meaning of additional insured endorsement

additional insured endorsement meaning in Insurance Dictionary

Policy recommendation used to include protection for extra insureds by name—for example, home loan holders or lessors. There are a number of variations intended to handle numerous situations, several of which afford very restrictive coverage to extra insureds. (in the place of naming each extra insured, a blanket additional insured recommendation sometimes can be obtained.) See additionally Extra insured; Contractual threat transfer; Named insured.