Who is identified as the Named Insured in an insurance policy?

In an insurance policy, the Named Insured refers specifically to the primary policyholder who is identified as such on the declarations page of the policy. This individual or entity has the main rights and responsibilities under the policy, including the ability to make changes, file claims, and receive benefits.

The Named Insured is crucial to the policy because it establishes who is covered under the terms of the insurance contract. This designation often includes a specific individual, a couple, a business entity, or another legal entity. The protections and coverages outlined in the policy directly apply to the Named Insured, making it essential to clearly define this party within the policy documents.

While other individuals may be listed as additional insureds, they do not possess the same level of rights or coverage as the Named Insured. The insurance broker facilitates the purchasing and management of the policy but is not considered an insured party. The insurance company itself, being the entity providing the coverage, does not qualify as an insured either, since it is not the one seeking the protection that the policy offers. Thus, the primary policyholder is the key figure in identifying the Named Insured.