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Related phrases:   employee certificate of insurance

Definitions of certificate of insurance:

• A certificate issued by an insurance company or its agent. It verifies that a certain insurance policy is in effect for stated amounts and coverages and names those insured.
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• A short-form documentation of an insurance policy.
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• A statement of coverage issued to an individual insured under a group insurance contract, outlining the insurance benefits and principal provisions applicable to the member.
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• A document, issued by the insurance company, setting out the particulars of the insurance coverage for a particular property.
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• A written description of insurance in effect as of the date and time of the certificate. The certificate does not ordinarily confer any rights on the holder, ie, the issuing insurer does not promise to inform the holder of change in or cancellation of coverage.
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• A document stating that insurance is in effect.
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• A document containing certain terms of a full-length insurance policy. A one-page document, it is evidence that there is insurance coverage for a shipment. Beneficiaries of open cargo or blanket insurance policies are authorized to issue their own certificates of insurance.
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• A formal statement of coverage, separate from the policy, which is given to a third party as proof of coverage. The standard form is issued by InsurancePoliciesOnline.com on your behalf. Simply complete the request form at the Resource Center.
  www.insurancepoliciesonline.com/resourcecenter/glossary.htm
• A form that delineates the coverage in effect, dates of inception and expiration, limits, and insurance companies for the stated party. The "COI" form, typically a standard ACORD form, is typically signed and dated by an agent of the insurance company(ies) listed on the form. Contrary to some opinions, COI's convey little or no legal rights to their bearers. A COI is a "point-in-time" certification by the signatory that the stated coverage was in effect on the date signed.
  cms.longbeach.gov/hr/employees/riskmgmt/hr9b.htm
• Written evidence that an insurance policy has been issued, indicating both the amounts and the types of insurance.
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