The most commonly used certificate of insurance form is the ACORD 25 form. Several changes have been made this month, most of which are spelling, grammatical, or the addition of copyright notices.
The biggest change is to the disclaimer on Page 2 of the form.
The "old" language was: "The Certificate of Insurance on the reverse side of this form does not constitute a contract between the issuing insurer(s), authorized representative or producer, and the certificate holder, nor does it affirmatively or negatively amend, extend or alter the coverage afforded by the policies listed thereon."
The revision is: "This Certificate of Insurance does not constitute a contract between the issuing insurer(s), authorized representative or producer, and the certificate holder, nor does it affirmatively or negatively amend, extend or alter the coverage afforded by the policies listed thereon."
The only thing I can see that's different is the removal of the phrase, "on the reverse side of this form." I'm not sure what this change does. Probably is the result of some crazy lawsuit. Such language seems to imply that the disclaimer is not a part of the certificate.
Key point 1: A certificate is not proof of insurance on any day other than the day it was issued. Coverage may have been cancelled.
Key point 2: Nothing on the certificate changes any coverage on the policy.
Key point 3: What is on the certificate does not imply a contract of any kind between the issuer and the certificate holder.
The biggest change is to the disclaimer on Page 2 of the form.
The "old" language was: "The Certificate of Insurance on the reverse side of this form does not constitute a contract between the issuing insurer(s), authorized representative or producer, and the certificate holder, nor does it affirmatively or negatively amend, extend or alter the coverage afforded by the policies listed thereon."
The revision is: "This Certificate of Insurance does not constitute a contract between the issuing insurer(s), authorized representative or producer, and the certificate holder, nor does it affirmatively or negatively amend, extend or alter the coverage afforded by the policies listed thereon."
The only thing I can see that's different is the removal of the phrase, "on the reverse side of this form." I'm not sure what this change does. Probably is the result of some crazy lawsuit. Such language seems to imply that the disclaimer is not a part of the certificate.
Key point 1: A certificate is not proof of insurance on any day other than the day it was issued. Coverage may have been cancelled.
Key point 2: Nothing on the certificate changes any coverage on the policy.
Key point 3: What is on the certificate does not imply a contract of any kind between the issuer and the certificate holder.
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