Plain-language definitions for every term in your contracts and COIs.
A blanket additional insured endorsement automatically extends coverage to parties required by written contract. Learn how it works and what to verify.
Certificate holder and additional insured are not the same. Learn the legal difference and why it matters for contract compliance and risk transfer.
A COI summarizes coverage; a policy defines it. Learn the critical difference and why relying on a COI alone creates compliance blind spots.
Commercial auto insurance covers vehicles used for business. Learn what contracts require for hired and non-owned auto, and how to verify COI compliance.
Completed operations coverage pays claims for injuries or damage that arise after a contractor's work is finished. Learn why it matters and how to verify it.
Cyber liability insurance covers data breaches and cyberattacks. Learn what contracts now require and how to verify cyber coverage on a COI.
General liability insurance covers bodily injury and property damage claims from third parties. Learn what contracts require and how to verify COI compliance.
A hold harmless agreement shifts liability from one party to another. Learn how it works in contracts and how it connects to insurance requirements.
An indemnification clause requires one party to compensate another for specified losses. Learn how indemnity provisions connect to insurance requirements.
Insurance certificate compliance means verifying COIs match contract requirements. Learn what a complete compliance process looks like and where it commonly fails.
Deductibles and retentions both require an insured to absorb some loss, but they work differently. Learn the distinction and what contracts specify.
Insurance policy limits define the maximum an insurer will pay for covered claims. Learn how limits appear in contracts and how to verify them on a COI.
A master service agreement governs ongoing vendor relationships. Learn what insurance requirements MSAs typically contain and how to verify COI compliance.
The named insured is the person or entity a policy is written for. Learn why matching the named insured to your contract is a critical compliance check.
Occurrence and claims-made are the two main policy triggers in liability insurance. Learn the difference and why it matters for contract compliance.
Per occurrence and aggregate limits define different coverage caps. Learn the difference and why both must be verified in contract compliance reviews.
Primary and non-contributory means a policy pays first without seeking contribution from others. Learn why this matters in contract compliance.
Professional liability covers errors and omissions in professional services. Learn when contracts require it and how to verify compliance on a COI.
Umbrella and excess liability extend coverage above underlying policy limits. Learn the difference and how to verify they satisfy contract requirements.
A waiver of subrogation stops an insurer from suing a third party after paying a claim. Learn why contracts require it and how to verify compliance.
A certificate of insurance (COI) is a document proving coverage exists. Learn what it includes, what it doesn't, and why it matters for contract compliance.
A surety bond is a three-party guarantee that a contractor will fulfill contractual obligations. Learn the types, when contracts require them, and how to verify compliance.
An additional insured is a party added to someone else's insurance policy for protection. Learn how it works and why contracts require it.
ACORD forms are standardized insurance documents used industry-wide. Learn what ACORD 25 contains, how to read it, and what it can and cannot confirm.
An insurance endorsement is a formal amendment to a policy that modifies coverage. Learn why endorsements matter more than COI notations for contract compliance.
Auto liability insurance covers bodily injury and property damage from vehicle use. Learn about hired and non-owned auto, combined single limits, and how to verify COI compliance.
Builders risk insurance covers structures under construction against fire, theft, and weather. Learn who carries it, what contracts require, and how to verify COI compliance.
COI tracking is the process of managing vendor certificates of insurance to ensure ongoing compliance. Learn what it involves and why it matters.
Completed operations coverage protects against claims arising after contracted work is finished. Learn why construction contracts require it and how to verify COI compliance.
Contractors pollution liability (CPL) covers pollution incidents caused by contractor operations. Learn who needs it, standard limits, and how to verify compliance on a COI.
Contractual liability is liability assumed by contract, such as through indemnification clauses. Learn how it appears in GL policies and how to verify coverage on a COI.
Inland marine insurance covers property in transit, equipment at job sites, and contractor tools. Learn when contracts require it and how to verify compliance on a COI.
Insurance compliance means verifying that vendors and counterparties carry the coverage contracts require. Learn what it involves and why it matters.
Motor truck cargo insurance covers freight in transit against loss or damage. Learn what broker-carrier agreements require and how to verify cargo coverage on a COI.
Pollution liability insurance covers cleanup costs and third-party claims from pollution incidents. Learn the GL exclusion, who needs it, and how to verify COI compliance.
Subrogation is an insurer's right to recover damages from the party responsible for a loss. Learn how it affects vendor relationships and why contracts require waivers.
Workers' compensation covers employee injuries on the job. Learn why it's required in contracts and how to verify compliance on a certificate of insurance.