Specialty Food & Beverage Insurance by Personal Coverage,
Inc.
Specialty Food & Beverage Insurance-Certificates of
Insurance
Certificate of Liability Insurance-PurposeSnapshot of Liability
Insurance at the time of issuanceOnly represents a summary of
limits and little elseProof of Liability insurance for Holder of
certificate
2
Certificate of Liability Insurance-What it does not doCannot
expand or restrict coverage in the policyRepresent policy language
in detailDoes not automatically mean the Holder is an Additional
InsuredAlter cancellation provisions in the policy or as dictated
by state insurance lawPredict changes in coverage throughout the
policy termAlter contract language between parties
The road to a Certificate of Liability InsuranceA third party
requests proof of coverageHave a General Liability policy in place
or get one Verify how the holder section of the certificate should
read from the third partyReview any contractual items related to
insurance to be sure your policy complies Identify if hold harmless
language is presentConfirm the third party wants to be named as an
Additional InsuredDo you need to add the Additional Insured to your
policy? If so, make sure it gets doneHave the Certificate of
Liability Insurance processed and sent to the third party
Items to ConsiderInsurance specs can be generic, be sure they
apply to you
Limits of insurance can sometimes be negotiated
Auto insurance may not always apply
Workers Compensation and Employers Liability may not apply
Inform your insurance provider of any policy restrictions
Tom Wallace, CIC, ARM, Executive VP
Specialty Food & Beverage InsurancebyPersonal Coverage,
Inc.
Protecting You for the Worlds Enjoyment
Toll Free 877-300-4760 (rings to my mobile)
OR
[email protected]
www.specialtyfoodbeverage.com
www.personalcoverage.com
