In a Commercial Package Policy, who may cancel the policy in writing and make changes with the consent of the insurer?

• A. First-named insured
• B. Any insured
• C. The insurer only
• D. The mortgagee

Answer: (A)

The main idea is that the first-named insured is the policy’s contract representative and holds the authority to handle certain administrative actions. In a Commercial Package Policy, this person can cancel the policy in writing. For changes to coverage, the process is initiated by the first-named insured, but any changes require the insurer’s consent. Other insureds don’t automatically have cancellation or change rights unless a specific endorsement grants them that authority, and a mortgagee’s rights only apply if a mortgagee clause is included. So the first-named insured is the one who may cancel and request changes, with the insurer's consent for those changes.