Before any claim is paid, status as an "insured" must exist. Is the person or entity suffering or causing loss, injury or damage to an insured? If the answer is "no," there is no need to go any further. If "insured" status does not exist, all your hard work is wasted; no one will ever find out how good you are at designing coverage - because you messed up at the beginning.

If you mess this up, you will have a ticked off insured and maybe an E&O claim you never expected. You have to get this one detail - the named insured - correct.

This class details the four "levels" of insureds; who or what should NOT be listed as an insured; improper terminology; and how to properly manage multiple named insureds.

Participants in this class will be able to:

• Identify improperly named insureds;
• Understand the amount of protection extended to an insured;
• Learn the difference between a DBA and a TA;
• Explain why one "person" cannot do business as (or trade as) another "person;" and
• Properly manage multiple named insureds.