Responsabilidad y CasualidadPregunta 444 de 531
A general contractor requires a subcontractor to name it as an additional insured on the subcontractor's liability policy. The practical effect is that the general contractor:
a.gains first-party coverage on its own equipment
b.is added as a loss payee for premium refunds
c.becomes a named insured with the right to cancel
d.gains defence and indemnity for the sub's work
Explicación
An additional insured endorsement extends the named insured's liability coverage to another party, typically for liability arising out of the named insured's work or premises, so the general contractor gets a defence and indemnity under someone else's policy. It does not make that party a named insured, so no right to cancel, amend, or collect return premium comes with it. It also grants no first-party property coverage, because the endorsement operates only on the liability side.
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