Category: Certificates Of Insurance

What is My Client Requesting on this Certificate of Insurance?

Sometimes, in the excitement of closing a deal, business owners may agree to insurance requirements that their current policy cannot honor.  In cases like this, it is during the issuance of the required certificate of insurance (COI) that this discovery is made. This could lead to a delay in issuing the certificate as the two companies iron out the insurance requirement details. In an effort... Read Article

The Certificate of Insurance Act Provides Relief for Insureds

It is no secret that supplying a certificate of insurance to a bank, mortgage, finance company or insurance contract specialist can be a nightmare.  From exact wording that is required to additional coverage that sometimes needs to be purchased to meet requirements, obtaining the COI can be an event in itself.  Luckily for insureds the State of NJ has responded by passing The Certificates of... Read Article