What is endorsement cg2026?
CG 20 26 04 13: Additional Insured – Designated Person Or Organization. This endorsement is a “catch-all” endorsement and is acceptable for most situations. The exception is when we need additional insured status for completed operations with respect to work done for us by a contractor.
What is an ISO endorsement?
The new ISO endorsements automatically extend AI status for Completed Operations without having to specifically identify each additional insured, thereby mirroring current AI endorsements that confer automatic AI status for Ongoing Operations (e.g. CG 20 33 and CG 20 38).
How do I read a ISO number?
ISO Endorsement Numbering System
- The letters indicate the type of coverage: CG = General Liability;
- The first four digits are the form number.
- The last four digits are the edition date: 04 13 is the April 2013 edition.
- Example: CG 20 10 04 13.
What is blanket additional insured mean?
A blanket additional insured endorsement is a form of additional insured language through which a named insured can extend their coverage to multiple third parties without having to specifically name or request additional insured status for each one.
What is an ISO insurance policy?
ISO provides advisory services and information to many insurance companies. On your insurance policies, you may see notices showing ISO (Insurance Services Office, Inc.) as the copyright owner. That’s because ISO develops and publishes policy language that many insurance companies use as the basis for their products.
Do all insurance companies use ISO forms?
While some insurers may be able to predict losses accurately using their own loss data, most cannot. A majority of insurers are relatively small and can’t generate enough data on their own to make accurate predictions about future claims. Thus, many insurers rely on ISO for data.