What does a Certificate of Insurance provide to the insured?

A Certificate of Insurance serves as an essential document that confirms the details of an insurance policy held by the insured. Specifically, it provides a summary of the types of insurance coverage purchased as well as the limits of that coverage. This information is critical for the insured to demonstrate to third parties, such as clients or contractors, what protections are in place.

The Certificate is often issued upon request and is typically used in situations where proof of insurance is required, ensuring that others can see what types of insurance the insured carries and the extent of their coverage limits. This clarity can help facilitate business transactions, job requirements, or contractual obligations that necessitate insurance verification.

The other options do not correctly represent the primary purpose of a Certificate of Insurance. For instance, proof of policy cancellation would require different documentation, while claims history and details on policy amendments are not typically included in a Certificate of Insurance.