19+ Certificate Holder Vs Additional Insured PNG. The certificate of insurance names the general contractor as the certificate. The employee is an additional insured on the policy and may even show up on the certificate of insurance.
Additional Insured Endorsements Know What You Are Getting Best Practices In Construction from bestpracticesconstruction.files.wordpress.com
The certificate was issued by an insurance agency that was authorized to issue certificates of insurance under the terms of its agency agreement with the insurance company. A major coverage issue is whether additional insured is merely seeking indemnification. This certificate proves that insurance coverage is in effect, but does not actually provide any coverage.
Shippers and brokers seek certificate holder and additional insured status for two reasons.
Policyholders have their agents issue certificates of insurance (cois) to the entity that hired the named insured to do work. Loss payees on an insurance policy. What is an additional insured? Partnering with an independent insurance agent is the best way to determine how to best.
