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Fla. CPCU Speaker Outlines Certificates of Insurance Terms, Provisions

Southeast News • February 2, 2006
"Certificates of Insurance: The Second Most Dangerous Piece of Paper," including specifics about various insurance contract terms and provisions, and what to do and not to do with certificates of ...

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Subject: RE: Changes to Certfifactes

Posted On: February 2, 2006, 3:08 pm CST
Posted By: Ron Headings
Comment:
The certificate was originally designed to verify coverage, who was covered, and to put the certificateholder in a position to be notified if the coverage ceased. It is now being used to solve contractual issues between contractors and subcontractors. The certholder name is now becoming a clause that looks like a mortgagee clause on a loan. I refuse to put any party on a certificate that is not ownership or employee of the certificateholder or is not even known (as in "its successors and/or assigns"). If there is a successor or an assign in the future, they can ask for a new certificate.
Subject Posted By Posted On
RE: Certfifactes LL
Feb 8, 2006, 10:07 pm
Certfifactes JR
Feb 3, 2006, 8:30 am
RE: Changes to Certfifactes Ron Headings
Feb 2, 2006, 3:08 pm
Changes to Certfifactes John Hicks
Feb 2, 2006, 2:23 pm
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