What is a Certificate of Insurance?

A Certificate of Insurance is indeed a document that verifies that an insurance policy is in force. This certificate serves as proof to third parties that the policyholder has active coverage under a specific insurance policy, as well as details about the coverage limits, effective dates, and types of coverage provided.

This is particularly important in contexts such as business operations or contractual agreements, where parties may require evidence of insurance in order to proceed safely and responsibly.

The other options do not accurately reflect the purpose of a Certificate of Insurance. Personal information about the policyholder is not included in this document, nor does it offer a summary of insurance products available. Additionally, the certificate does not provide any financial stability information about the insurer; its main focus is solely on verifying the existence of insurance coverage.