What is the correct name format for the Insured in an insurance contract?

The format "John Doe trading as The Corner Store" accurately reflects the legal identity of the insured in an insurance contract when an individual or sole proprietor operates a business under a specific trade name. This format is significant because it clarifies who is the actual insured party while also indicating the business entity. In this case, John Doe is the individual who holds the insurance, while "The Corner Store" represents the business under which he operates.

This distinction is important because insurance contracts must identify the insured in a manner that provides clarity regarding responsibilities and coverage. It ensures that the insurer knows exactly who is covered and under which capacity, thereby avoiding potential disputes over claims or liabilities that may arise. When compared to other options, the correct format provides a comprehensive view that incorporates both the individual and the business they operate, ensuring proper coverage.