By Bill Locke
Business owners, service providers and users are by definition in multiparty relations in every aspect of their business, whether as or with their landlord, tenant, contractor, supplier, or customer. The purpose of this article is to afford you with practical knowledge as to the most common risk management technique, being listed as an additional insured on another person’s liability insurance policy, so that you may also avoid the most common mistake in employing this technique. For instance, if you are contemplating leasing space in a to-be-built multi-tenant project (e.g., an office building or a shopping center), the endeavor upon which you are about to embark will involve a complex relationship of numerous parties.
