Home Star Insurance Services Home Map and Directions About Us Contact Us Homepage Get a Quote Customer Service See Other Locations Homestar Bank

Generally speaking, all insurance is intangible. No matter the type, whether it’s auto, home, flood, or life insurance; you can’t touch, see, or feel it. Going into a situation, you don’t even know insurance is present unless you’re told so.

It’s not a problem that you can’t feel or sense an insurance policy. You know that as long as you pay your premiums on time, your policy will come in handy should some incident occur. More than likely, you have proof of your payments and a copy of a policy put away with other important documents.

However, sometimes you need a form of physical proof to show that you’re insured. But should you not have a policy or something with a current date to show that you are making your premium payments on time, a certificate of insurance would come in handy.

The Insurance Certificate

Now here’s what a certificate of insurance is. It’s a document that’s given out by an insurer that includes information about the specifics of your coverage, based on what type of insurance you have. It discloses the policy owner’s information, information about what or who is insured, and even what types of incidents and the amount of coverage for them.  

There are several situations where the certificate will come in handy. A few are when you are registering a car, getting a loan, or if you need to prove to a business or person that specific liabilities you may be exposed to, are covered. You could use your policy to prove something like this, but depending on the circumstances you may need to present documentation that has a current or more recent date.

It’s important not to confuse an actual proof of your policy with a certificate of insurance. Neither are required for you to receive the benefits of your policy, the certificate simply provides a basic overview of your benefits. It doesn’t get into the specifics of your policy agreement such as the exemptions or any other terms along those lines. Therefore, don’t rely on your certificate of insurance as a guarantee of insurability.

One last thing to keep in mind is that a certificate of insurance is not a mutual agreement. You can’t write directives or assignments on it. It’s just a message that shows you’re currently insured to anyone that wants to know. Contact us to get more info about this.

Share |


No Comments


Post a Comment
Name
Required
E-Mail
Required (Not Displayed)
Comment
Required


All comments are moderated and stripped of HTML.
Submission Validation
Required
CAPTCHA
Change the CAPTCHA codeSpeak the CAPTCHA code
 
Enter the Validation Code from above.
NOTICE: This blog and website are made available by the publisher for educational and informational purposes only. It is not be used as a substitute for competent insurance, legal, or tax advice from a licensed professional in your state. By using this blog site you understand that there is no broker client relationship between you and the blog and website publisher.
Blog Archive


View Mobile Version

Our Partners




































Trusted Choice

LOCATIONS 
BRADLEY BOURBONNAIS MANTENO KANKAKEE MANHATTAN





Scott and Rhonda
435 E. North St.
Bradley, IL 60915
Phone (815) 929-2203
Fax (815) 929-2207
Ted, Michelle & Genya
576 Latham Dr.
Bourbonnais, IL 60914
Phone (815) 929-2200
Fax (815) 937-3885
Jim, Josh, Kristyn & Aimee
303 Section Line Rd.
Manteno, IL 60950
Phone (815) 468-8763
Fax (815) 468-7563
Brian and Jacci
303 Section Line Rd.
Manteno, IL 60950
Phone (815) 468-2776
Fax (815) 468-2371
Suzie, Cheryl, & Kristina 
255 E. Station Street
Kankakee, IL 60901
Phone (815) 352-4655
Fax (815) 932-6744
Josh
25640 S. Gougar Rd.
Manhattan, IL 60442
Phone (815) 468-8763
Fax (815) 468-7563