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Certificate of insurance

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Business insurance glossary
Additional insured

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.

Business insurance glossary
Aggregate limit

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.

Business insurance glossary
Certificate of liability insurance

A certificate of liability insurance is a document that proves you have liability insurance coverage.

Business insurance glossary
Insured

An insured is the person or business entity that receives financial support or other benefits after an insurance claim.

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