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The same as on all insurance policies. An additional insured is someone who is also insured along with you on the policy. A certificate holder is someone that you have an obligation to provide your proof of coverage. The certificate holder will also be notified of all policy changes, lapses, cancellations, expiration's and renewals. If you receive a cancellation notice, policy change, a late payment notice etc., The certificate holder will also receive these notices.
Insured.
If you are named as Certificate Holder on a Certificate of Insurance, the insurance company MAY or (in some instances) HAS TO notify you if the policy cancels prior to the renewal date.
The person can be called Policy Holder,Insured, Life Assured as the case may be.
deductible
holder
A named insured is someone that has an insurable interest in a property. They don't need to be the deed holder. The deed holder is the person that owns the property. For example if you rent a house from someone. You have a insurable interest in your property that is inside the house. The deed holder has an insurable interest in the house itself and not the contents that are not fixtures. So the insurance company could issue a renters policy to the renter and he would be a named insured and the insurance company could issue a policy to the owner and he would be a named insured. 2 different policies covering different things.
No only those designated by the insurance holder may drive the car.
Reinsurance may be purchased by an insurance company for an individual risk, a specific class of risk, or an entire book of business. In any case, the insurance company that purchases the reinsurance is the Insured. The actual policy holder(s) are unaware of the reinsurance arrangement.
A named insured person can be an excluded driver on an automobile liability policy in New Mexico, if the policy holder wishes to remove a driver from the policy. The policy holder will have to notify the insurance company to make the changes.
T sum assured divided by multiply no for ex... 100000 / 30=3333
A certificate of insurance , with you named as the cewrtificate holder. However, you should always call the agent listed on the sertificate to verify that the coverage and policy is in force.