Insurance Form Additional Insured Vendor

Vendors coverage additional insured coverage usually under a manufacturer s general liability policy for specified vendors with respect to their distribution or sale of the manufacturer s products designated in the schedule on the endorsement.

Insurance form additional insured vendor. Bp 0701 01 04 additional insured co owner of the insured premises bp 0702 01 04 additional insured controlling interest bp 0703 01 04 additional insured mortgagee assignee or receiver bp 0704 01 04 additional insured state or political subdivisions premises permits bp 0708 01 04 additional insured vendors. It covers the vendor as an additional insured for claims alleging bodily injury or property damage arising out of the manufacturer s products. The products must be described in the endorsement. Name of additional insured person s or organization s vendor.

This endorsement gives products liability coverage to the vendors distributing or selling the named insured s product and eliminates the need for the vendor to purchase separate products liability coverage. Businessowners coverage form schedule a. Additional insured vendors broad form applies to commercial general liability coverage refer to supplemental declarations if information is not shown on this form. Manufacturers and distributors typically purchase their own general liability policy which includes product liability under which they are the named insured.

To be covered the products must be distributed or sold in the regular course of the vendor s business. The additional insured status essentially. Information required to complete this schedule if not shown above will be shown in the declarations. This products liability vendor s endorsement should name the vendor as an additional insured under the policy.

Additional insured œ vendors this endorsement modifies insurance provided under the following. We provide coverage under this endorsement subject to the terms contained in the liability coverage. Name of additional insured vendor. Include as an additional insured any person s or organization s referred to throughout this endorsement as vendor shown in the schedule but only with respect to bodily injury or property damage arising out of your products shown in the schedule which are distributed or sold in the regular course of the vendor s business.

Vendors broad form protects vendors from injuries incurred by others due to faulty or toxic products they are selling or distributing on behalf of a manufacturer. A blanket additional insured endorsement is the process of providing insurance coverage to those parties that the named insured must provide coverage. The purpose of a vendor s endorsement is to provide products liability to vendors who sell or distribute your product. Section ii who is an insuredis amended to include as an additional insured any person s or organization s referred to throughout this endorsement as vendor shown in the schedule but only with respect to bodily injury or property damage arising out of your products shown in the schedule which are distributed or sold in the regular course of the vendor s business.