Ains 102 test answers - Study guides, Class notes & Summaries

Named insured - ANSWER A person, corporation, partnership, or other entity identified as an insured party in an insurance policy's declarations page. Named peril - ANSWER A specific cause of loss listed and described in an insurance policy. Also used to describe policies containing named perils. Named perils coverage - ANSWER An insurance policy in which the covered causes of loss are listed or "named" in the policy.