Trying to understand why my company gets requests from clients to be added Additional Insured parties to our commercial general liability policy.
We run a business to business company providing services. No client ever comes to our office, nor do we visit them. We have no physical property of any client -- just data from them that we process and return to them - all electronically.
We receive requests from our larger customers in their contract to have them added to our general liability policy as an Additional Insured. We have accommodated this in the past, but neither I nor my agent can really explain why a customer would be requesting this, and if it is even necessary in the scope of work that we preform.
Can someone help me understand why a company would insist on this requirement? What benefit does it provide to our customer? It's a pain to make these additions all the time, and perhaps it's something that I should be pushing back on our customers and say "no".
Any help is appreciated!
submitted by /u/more-cow-bell [link] [comments]