When negotiating contracts, do you know when to name your organization as an additional insured on someone else’s policy? Are you aware of when another party should be named as an additional insured on yours? Did you know that additional insured status does not extend the same coverage and protection afforded to the named insured? Considering all factors can be overwhelming, this webinar will help you get a better sense of what to notice when negotiating a contract. You will learn (1) what additional liability you’re accepting when adding an additional insured; (2) when you should be named as an additional insured versus adding your business partner [consultant, contractor, etc.] as an additional insured; and (3) the importance of reading and understanding certain provisions of the contracts you have with your business partners, including contacts with government entities and service providers.
Brought to you by Nonprofits Insurance Alliance (NIA) as a free resource, in collaboration with your nonprofit association.