Certificate Of Liability
The certificate wont list all of your liability coverage and any exceptions in detail its merely intended to provide an overview.
Certificate of liability. A certificate of insurance coi sometimes called a certificate of liability insurance is a one page document that summarizes your coverage and can be used as proof of insurance. If you hire a subcontractor the certificate of liability insurance is your reassurance that the company is insured and youll be protected in the event of an accident. A certificate of liability insurance coi also known as an acord certificate of liability insurance is a simple document issued by your insurance company that verifies that you have insurance coverage for your small business. While the certificate of liability insurance acts as proof of insurance it does not actually grant any of the insurance benefits in and of itself.
A certificate of insurance is the best way to provide proof of insurance and demonstrate that you have the coverage theyre looking for. To ensure that you have access to your benefits be sure to have a copy of your full insurance policy on file. A certificate of insurance is a document that verifies you have liability coverage and condenses all the crucial information about your policies onto one page. When your coverage expires.
Acord 25 200108 if the certificate holder is an additional insured the policyies must be endorsed. The details it shares include the types of coverage. Acord certificate of liability insurance. A certificate usually lists the following information about your general liability insurance policy.
This certificate of insurance does not constitute a contract between the issuing insurers authorized representative or producer and the certificate holder.