Certificate of insurance
A certificate of insurance (COI) form provides proof of insurance coverage. To acquire a COI, you must first buy a small business liability insurance policy. After the policy has been issued, most certificates of insurance are available online.
The products-completed operations aggregate refers to your total protection in your general liability insurance policy in cases where your delivered product or completed service cause damage or injury to a customer.
Occurrence-based insurance is a type of policy that pays for losses that occur during the policy period, even if it’s no longer active when you file a claim.
The per-occurrence limit is the most your insurance company will pay for a single covered loss under the terms of your policy.
Personal and advertising injuries are typically infringements on a person or business’s personal or intellectual rights. Examples include libel, slander, and copyright infringement.
In an insurance policy, an additional insured refers to anyone other than the policyholder who is covered by an insurance policy. Coverage might be limited to a single event or it could last for the policy's lifetime.
For various types of insurance, an aggregate limit is the maximum amount of money an insurer will pay for all your covered losses during the policy period, typically one year.
An ACORD 25 Certificate of Liability Insurance is a document that proves you have liability insurance coverage.
An insured is the person or business entity that receives financial support or other benefits after an insurance claim.
A certificate of insurance (COI) is a document that verifies you have business liability insurance coverage and condenses crucial information about your policy into one page.
A certificate of workers' compensation insurance is a document that provides proof of coverage and summarizes important details about your policy in a single page.
An E&O certificate of insurance is a document that verifies you have errors and omissions coverage. It's not uncommon for clients or new business partners to ask for a copy of your certificate of insurance.
A certificate of professional liability insurance is a document that provides proof of coverage and summarizes the most important information about your professional liability insurance policy.
