What should be checked when a Certificate is reviewed?
See Quick Tips: Understanding the Acord Certificate of Insurance for a list of the critical items that should be checked when reviewing a certificate of insurance. Careful attention should be paid to the Policy Expiration Date. Check to determine that the expiration dates for the insurance policy are far enough in the future to cover the period during which services will be rendered. In some cases coverage shown on a certificate of insurance will expire prior to the termination of a contract. A new certificate showing an extension of coverage may not be automatically sent; therefore it is recommended that the office(s) maintaining the certificates follow-up for renewal certificates. A reminder system of some sort should be used to request a new certificate when the coverage expires. If the certificate indicates “occurrence” form coverage, the expiration date should be on or after the termination date of the contract; if “claims-made” coverage, certification must be provided that covera
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- What should be checked when a Certificate is reviewed?
