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What is a Certificate Holder. A Certificate Holder is a person or organization to whom the certificate is being provided as evidence of insurance. In the commercial real estate space, the Certificate Holder is typically required to be the landlord, property manager, or both.
A certificate holder is an entity that receives the certificate of insurance from a contractor, vendor, or another provider. If you receive certificates, that's you. If you provide them to companies that hire you, that's the company hiring you.
As such, you only have the power to obtain a COI from your agent or broker and submit it. You are not authorized to create or certify one. You can't even sign it. Your insurance agent should be the only person who supplies your COI.
The COI verifies the existence of an insurance policy and summarizes the key aspects and conditions of the policy. For example, a standard COI lists the policyholder's name, the policy's effective date, the type of coverage, policy limits, and other important details of the policy.
Elements of a COI Company Name and Address: legal name and address of the insured entity. Producer/Agent name and address: the insurance Agent/Broker who issues certificates. Carrier names: name of the company that holds your insurance policy. ... Policy type: the types of insurance required by the contract.