Who are the individuals whose names appear on the policy's declaration?

The individuals whose names appear on the policy's declaration are referred to as the Named Insured. This term specifically designates those individuals or entities that are covered by the insurance policy. The declaration page is crucial because it outlines key information about the policy, including the names of the insured parties, the coverage limits, and other essential details.

Being named on the declaration means that these individuals have a legal interest in the policy. They are afforded the protections specified in the policy agreement, which typically includes the right to file claims and receive benefits under the terms of the coverage. It’s essential for those involved in the insurance process to know who the Named Insured is, as this determines who is covered in case of a loss or liability.