An executive director within a company or an organization is usually from the board of directors and oversees a specific department within the organization such as Marketing, Finance, Production and IT.n executive director within a company or an organization is usually from the board of directors and oversees a specific department within the organization such as Marketing, Finance, Production and IT.
Definition of Named Insured. A named insured is essentially the owner of the car insurance policy. The named insured purchases the insurance policy and is protected by its coverage. Being the owner of the vehicle, however, some standard and non-standard companies do not require the named insured to be titled to the vehicle.
The policy owner. The policy owner has full and total control and can cancel or change the policy. The owner can be either the insured, the beneficiary, a joint ownership between the two parties or even a third party like a superfund. The life insured. This the person who's life is insured against them passing away.