COI Meaning in Insurance
COI stands for Certificate of Insurance, a document that provides proof of an insurance policy. It summarizes key details like coverage type, policyholder, coverage limits, and effective dates. Often required in business contracts, a COI assures third parties that an entity is adequately insured to mitigate potential risks or liabilities.
COI Synonyms
Proof of Insurance
Insurance Certificate
Coverage Verification
Policy Document
Insurance Proof Statement
Certificate of Coverage
Insurance Policy Summary
Coverage Assurance
Liability Coverage Document
Insurance Endorsement
COI Antonyms
No Proof of Insurance
Uninsured Status
Policy Lapse Notice
Coverage Denial Letter
Lack of Insurance
Liability Waiver
Insurance Cancellation Notice
No Coverage Statement
Policy Voidance Document
Absence of Coverage
COI Short Sentence Examples
The contractor provided a COI to prove they had liability insurance.
A COI is mandatory for vendors working on large projects.
Without a COI, the client refused to proceed with the agreement.
The COI listed all necessary coverage details for the event.
Businesses often request a COI from their service provider.