The named insured appears on the declarations page and holds the broadest rights under the policy, including receiving notices and, for the first named insured, handling premium and cancellation matters.
Additional insureds and persons qualifying as insureds under the policy's definitions have narrower rights.
Alternative Names:
First Named Insured, Policyholder
Why it Matters?
Identifying the correct named insured determines who is covered and who may enforce the policy, which is frequently unclear in corporate groups where a parent is named but a subsidiary operates the risk. An entity that is neither named nor an additional insured has no coverage regardless of its relationship, which surfaces after a loss when the operating company discovers the policy names only its affiliate.
Frequently Confused with
Related terms
Frequently asked questions
What rights does the first named insured have?
Are subsidiaries automatically covered?
