Endorsements are insurance policy forms that will alter an insurance policy by either adding, deleting, excluding or otherwise amending the original policy. Any changes appended to an insurance policy by an endorsement will take precedent over the original policy.

In vendor credentialing we accept an endorsement with a location specified?

The insurance does not apply to 'bodily injury' or 'Property damage' arising out of the sole negligence of the additional insured or any employees of the additional insured. Is this verbiage acceptable?

A statement on a certificate will confer rights to the certificate holder in lieu of endorsements?

A ______________is an endorsement that’s available only in monopolistic states that provides coverage for employers when there is a gap between the state issued coverage and employee injuries.

This endorsement adds a person or organization as an insured party to the policy, provided the primary insured (vendor) has agreed in writing to add these parties to the policy.

Being added as an additional insured gives that person rights & benefits such as access to policy limits and defense coverage in the event of a claim?

This endorsement covers an insured for property damage and injury that is found (or occurs) once the job has been completed.

True or False: An endorsement may contain coverage for both ongoing and completed operations or only coverage for one component?

This endorsement covers an insured for property damage and injury that occurs while work is still in progress.

We track waiver of subrogation status for General Liability, Auto Liability, Excess/Umbrella Liability, and Workers Compensation?

This endorsement has 2 parts; The Primary component indicates which insurance policy will respond first in the event of a claim (vendor’s). The Non-contributory component prevents the primary carrier from attempting to seek contribution or shared responsibility when two or more parties are involved. Specifically, it prevents the vendor’s insurance carrier from requiring the  PMC’s carrier to also pay a portion of the claim. What is it called? 

If I want a person or organization to have the rights & benefits such as access to policy limits and defense coverage in the event of a claim, I must add what to my policy?

Does Vendor Credentialing allow both Blanket and scheduled endorsements?

How can we check if Signed by both parties’ verbiage is permitted by the PMC?

Is a project specified on an endorsement ok if the additional insured verbiage is correct? 

The Negligent acts or omissions of those acting on your behalf is acceptable?

The person or organization for whom you do work is an additional insured solely for liability due to your negligence specifically resulting from your work for the additional insured which is the subject of the written contract or written agreement. No coverage applies to liability resulting from the sole negligence of the additional insured.

Solely negligent of the name insured is acceptable?

If a form is listed on the Web  app and you see a ‘NO’ in the column do you advise the vendor, the PMC has reviewed the form and is not accepting this version number? 

The vendors insurance company has paid a claim but seeks the Property management company for monies paid, a waiver of subrogation will prohibit this.

If the endorsement is not listed on the Web App in the Admin clients, it may be that the PMC has not reviewed it and we may send for review as long as the coverage is listed?

In the Web App in the admin clients library if the box is checked, the configuration is active?