Most certificates are issued in accordance with a contract of one type or another. Use the attached form letter to return the Certificate of Insurance to the agent for corrections. Once a contract is executed, copies of the certificates should be kept with the contract as you may need to refer to them some time in the future. These are the most common requested by the University, however, other lines of insurance coverage may be required for certain types of exposure and Limits of Liability may vary depending on the type of contract. The agent shown on the certificate or Risk Management can provide you with information regarding these ratings.
Ratings indicate the financial stability of the carrier.