Question

What does named insured mean?

The query is from Insurance topic

I got this question in a job interview.

Other related questions to my question are:

What is the difference between an insured and a named insured?

What is considered a named insured?

What is the difference between named insured and a driver?

Who is a named insured on a homeowners policy?

Answer 1

The correct answer is: The Named Insured is the person (or people) or business (or businesses) actually named in the policy. There can be more than one named insured, and you can usually find these on the first page. In most cases, the business will be the only named insured, but the owners or subsidiaries can also be Named Insureds.Jun 13, 2016

The title of my answer can be Insurance Explained: The Difference Between 'Named Insured