Bamboo: Trust, LLCs, and Additional Interests

How does Bamboo handle Trusts and LLCs?

A policy may be issued in the name of a Limited Liability Corporation (LLC) or a Trust, provided that the Managing Member of the LLC or Trustee/Beneficiary is listed as an Additional Insured. No other type of business or corporation can be listed as a Named Insured.

Other persons or organizations with an insurable interest in the property can be listed as an Additional Insured, however, Lenders may not be listed as Additional Insureds.

Please note the following endorsements apply to all policies and limit coverage for legal entities and persons or organizations listed as an Additional Insured to the residence premises. There is no charge for either coverage.