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.
Nature of Asset. A life insurance policy is a contract between the insurance company and the person who buys it, either to insure her own life or that of someone else. The policy owner pays the premiums and in exchange, upon the death of the insured, the insurance company pays a death benefit to whomever the policy names as the beneficiary.