Bảo hiểm & Quyền cầm giữCâu 1550 / 1605
The primary function of a 'certificate of insurance' in the contracting process is to allow one party to:
a.Become the policyholder
b.Cancel the other party's coverage
c.Verify, before work begins, that the other party carries the required types and limits of insurance
d.Waive its own coverage requirement
Giải thích
A certificate of insurance is used to verify at the outset that a contracting party carries the required insurance types and limits. It is a snapshot for verification only and does not itself provide, modify, or guarantee coverage.
Luyện miễn phí toàn bộ 1605 câu hỏi — không cần đăng ký.
Câu hỏi liên quan cùng chủ đề
- Why might an owner prefer that the general contractor obtain a payment bond rather than rely solely on the contractor to pay subs?
- 'Inland marine' insurance for a contractor most commonly covers:
- An equipment rental company rents a crane to a subcontractor on a private project. To preserve a mechanics lien for unpaid rental charges, the rental company should:
- Under California's workers' compensation system, an employee injured on the job generally receives benefits:
- A contractor's 'umbrella' or 'excess' liability policy is designed to:
- Which of the following must a valid recorded mechanics lien include?
Cập nhật gần nhất: · quy trình kiểm tra
Sen Lin, Người sáng lập PrepPass · Đối chiếu với California CSLB Contractor License Law & Business Exam · Quy trình kiểm tra
Người kiểm duyệt Abraham Chen — Licensed California General Contractor (CSLB License #1101856 — kiểm tra)