What must be included in a valid certificate of insurance?

A valid certificate of insurance must include evidence of coverage for property or casualty insurance. This document serves as proof that the insured party has obtained the necessary insurance coverage, specifying the types of coverage in effect and the limits associated with each. It allows third parties, such as clients or business partners, to verify that the insured is carrying the appropriate insurance protection to mitigate risks associated with their business activities.

While other options might contain relevant information regarding insurance policies, they are not standard elements that must be included in a certificate of insurance. For instance, financial obligations relate more to policy terms than to what a certificate evidences. Similarly, insurer history or potential exclusions, while important in the broader context of insurance understanding, are not mandatory components of a certificate meant to confirm coverage status.