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NASCLAProcurement and Contracting Requirementsmedium

What does a certificate of insurance usually provide?

Correct Answer

A) Evidence of insurance coverage in place, subject to the policy terms.

A certificate evidences coverage but does not replace or rewrite the policy.

Answer Options
A
Evidence of insurance coverage in place, subject to the policy terms.
B
Classify the condition as a guarantee that every claim will be paid
C
Classify the condition as a substitute for the insurance policy itself
D
Classify the condition as a change order increasing the contract sum

Why This Is the Correct Answer

A certificate evidences coverage but does not replace or rewrite the policy.

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