Who is typically the first person named as insured on the declarations page of a policy?

• A. First Named Insured
• B. Primary Insured
• C. Chief Insurer
• D. Main Policy Holder

Answer: (A)

The first person named on the declarations page of an insurance policy is referred to as the First Named Insured. This designation is significant because it carries specific rights and responsibilities under the policy. The First Named Insured often has the authority to make changes to the policy, receive premium notices, and take actions regarding coverage. This role is crucial, particularly in business insurance policies where multiple parties may be named as insured.

The title of First Named Insured is a standard terminology used across many types of insurance policies, which helps to create clarity and consistency for both insurers and insureds. Other options may sound similar but do not carry the same established meaning within the insurance context. For instance, terms like Primary Insured or Main Policy Holder are not commonly used, and Chief Insurer doesn't reflect the standard language found in insurance documentation. Understanding who the First Named Insured is helps in navigating the rights and responsibilities tied to an insurance contract effectively.