What Is an Additional Insured?

Generally speaking, the existence of additional insurance is premised on the existence of the main insurance. It cannot be separated from the main insurance to form a relatively comprehensive insurance. However, there are also some companies' insurance types that can be purchased as additional insurance or separately insured as main insurance. The additional insurance is relative to the main insurance. As the name implies, it refers to the additional contract attached to the main insurance contract. It cannot be insured separately. To purchase additional insurance, you must first purchase main insurance.

Additional insurance

Right!

Generally speaking,

Simply put, our common types of insurance are main insurance. Additional risks are those types of insurance that cannot be insured separately. People must add these types of insurance under the premise of buying a main insurance in order to enjoy the corresponding protection benefits. General insurance companies also have the word "additional" in the name of the product, such as "additional term life insurance" and "additional hospitalization allowance", which are better distinguished.

The effectiveness of additional insurance is subordinate to the main insurance in time. If the effectiveness of the main insurance is suspended, the effectiveness of the additional insurance is also suspended. There are many cases where the main insurance loses its effectiveness, which makes the additional insurance attached to it less reliable. One Ms. Lin bought major illness insurance and added some other accidental medical insurance. Later, she unfortunately got a serious illness. The insurance company paid the critical illness insurance money according to the contract, and soon she notified Ms. Lin to lift the additional accident medical insurance. The termination of the effectiveness of the main insurance (critical illness insurance) contract made Ms. Lin's protection in accident medical care also have to end. However, a small number of additional risks can still exist independently after the failure of the main insurance. When buying insurance, people may wish to ask whether the agent's additional insurance can continue to be effective after the main insurance expires.

Although some products are additional risks, they cannot be underestimated. It is important for people to treat the additional risks correctly, or it will cause unnecessary trouble. Mr. Wang used to buy both insurance and a supplementary accident insurance. This additional insurance is for one year and is guaranteed to renew every year. Later, Mr. Wang did not plan to request this additional insurance, but did not notify the insurance company. He only deposits the premiums of the main insurance in his bank card, while the insurance company deducts the premiums as additional insurance. As a result, the deductions were not successful because of insufficient fees. Fortunately, Mr. Wang discovered in time, otherwise the effectiveness of the policy would be affected.