Under CA 99 10, is there a premium charge for each named individual?

Under CA 99 10, is there a premium charge for each named individual?

• A. Yes
• B. No
• C. Only if the named individual is a corporate officer
• D. Premium is charged per vehicle

Answer: (A)

CA 99 10 is about how the policy is priced when multiple named insureds are listed. This endorsement specifies that a premium charge applies for each named individual on the policy. That means every person named as insured adds its own portion to the premium, reflecting the added exposure of covering multiple individuals. It isn’t keyed to corporate officer status, nor is it charged per vehicle in this context, and there is a charge even if there’s no corporate officer involved. So the best answer is that there is a premium charge for each named individual.

CA 99 10 is about how the policy is priced when multiple named insureds are listed. This endorsement specifies that a premium charge applies for each named individual on the policy. That means every person named as insured adds its own portion to the premium, reflecting the added exposure of covering multiple individuals. It isn’t keyed to corporate officer status, nor is it charged per vehicle in this context, and there is a charge even if there’s no corporate officer involved. So the best answer is that there is a premium charge for each named individual.