Certificate Of Insurance Vs Named Insured. When you add someone to your insurance policy, that person has insurance and is guaranteed to receive the benefits offered by that coverage. In addition, you may need to determine the difference between additional insured vs.
The certificate holder named on a policy will receive a copy of the policyholder’s certificate of insurance (coi), which verifies insurance and usually contains information on the type and limits of coverage. The first is the named insured, meaning the individual or company designated by name in the policy. A coi essentially summarizes your business insurance coverage details.
