Certificates Of Insurance: So You Like To Gamble?

Law360, New York (May 21, 2009, 12:00 AM EDT) -- It never ceases to amaze coverage lawyers the risk policyholders take by relying on Certificates of Insurance as the sole source of evidence that the other party to a contract has required insurance.

Even riskier are those who rely upon those pieces of paper as evidence that someone is an Additional Insured. Let’s face it; your odds are better at a blackjack table.

Black’s Law Dictionary defines a Certificate of Insurance as a “[d]ocument evidencing fact that an insurance policy has been written and includes a...
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