George, let’s make this about certificates in general, not just about us. Maybe a quick “Alternatively, if you prefer a faster, safer, more reliable way of doing things, try Indeman. Here’s a how that would work”
A Certificate of Insurance (COI) is an important document that serves as proof of the insurance coverage under one or more policies and provides details such as the insurance limits, effective dates and policy number(s). These documents are typically limited in various ways such as
Typically insurance agents and carriers are the ones that issue certificates for their customers. Indemna has taken the COI creation process a few steps further, by giving the policy holder the ability to start and in many cases finish the certificate themselves. Beyond that, we have enriched the certificate with more detailed information and we have also created a smart notification process for all parties including the certificate holder, so that way everyone is always up to date with the newest information.
Here’s a step-by-step guide to the process of issuing a Live Certificate of Insurance on Indemna.
Step 1: Login to your Indemna Account
Go to your Indemna account and login, once you are there you can then go to your policy section and click on Create Certificate. Depending on the specifics of the certificate, Indemna may need to reach out to your agent or carrier for approvals, if we do, we will notify you when your certificate is ready.
Step 2: Identify the Certificate Holder
The first step in the process of issuing a Certificate of Insurance is to identify the certificate holder. This is the person or entity that will receive or is asking for the certificate. They must be clearly identified in the COI, as this will be the person or entity who many times has a financial interest in the relationship or contract.
Step 3: Gather Necessary Information
In order to issue a Certificate of Insurance, you will need to gather some important information about the policy coverage that the certificate holder is requesting. This includes the policy type and limits; specific endorsements, details about the type of work being done, and the certificate holder’s name, address, and contact information.
Step 4: Prepare & Create the Certificate of Insurance
Once you enter all of the details, Indemna will either allow you to create the certificate or it will notify you that it requires agent or carrier approval. Once the information form your request has been approved, you will be notified that the certificate is complete.
Step 5: Create & Deliver the Certificate of Insurance
The final step in the process of issuing a Certificate of Insurance is to deliver the COI to the certificate holder. With Indemna you will then be able to share your certificate with the certificate holder or any other party immediately.
Issuing a Certificate of Insurance can be a complicated process, but by following the steps outlined above, you can ensure that the process runs smoothly.
