A 'certificate of insurance' (COI) provided by a subcontractor to a prime contractor:
a.Names the prime as an additional insured under the sub's policy
b.Binds the insurer not to cancel without the prime's written consent
c.Is the policy in short form, and creates coverage for the prime
d.Is evidence a policy existed on its date, and nothing more
Explicación
A certificate of insurance is an informational snapshot: it says that a described policy was in force when the certificate was issued, and it neither amends the policy nor creates rights. (a) is the single most expensive misconception in construction risk transfer — additional insured status comes from an endorsement to the policy, and the certificate merely reports it. (b) reads the 'cancellation notice' box as a promise; most modern certificates disclaim any duty to notify. (c) mistakes the summary for the contract; only the policy and its endorsements grant coverage.
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Revisado por Abraham Chen — Licensed California General Contractor (CSLB License #1101856 — verificar)