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What is an additional insured on a certificate of insurance?

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What is an additional insured on a certificate of insurance?

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When an individual or organization (a landlord, for example) holds a vested interest in the property being insured, he may be named as an additional insured on an endorsement that is attached to a certificate of insurance. What is an EPI? When real or personal property is mortgaged, the lender may require an evidence of property insurance (EPI) form as proof of coverage on its collateral. This form provides an abstract or summary description of the insurance coverage in effect on real or personal property as of the date and time of the EPI’s issuance.

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