Information for Food and Beverage Companies

1. Specialty Food & Beverage Insurance-Certificates of Insurance

2. Certificate of Liability Insurance-Purpose
▪ Snapshot of Liability Insurance at the time of issuance
▪ Only represents a summary of limits and little else
▪ Proof of Liability insurance for Holder of certificate

3. Certificate of Liability Insurance-What it does not do
▪ Cannot expand or restrict coverage in the policy
▪ Represent policy language in detail
▪ Does not automatically mean the Holder is an Additional Insured
▪ Alter cancellation provisions in the policy or as dictated by state insurance law
▪ Predict changes in coverage throughout the policy term
▪ Alter contract language between parties

4. The road to a Certificate of Liability Insurance
▪ A third party requests proof of coverage
▪ Have a General Liability policy in place or get one
▪ Verify how the holder section of the certificate should read from the third party
▪ Review any contractual items related to insurance to be sure your policy complies
▪ Identify if hold harmless language is present
▪ Confirm the third party wants to be named as an Additional Insured
▪ Do you need to add the Additional Insured to your policy? If so, make sure it gets done
▪ Have the Certificate of Liability Insurance processed and sent to the third party

6. Items to Consider
1) Insurance specs can be generic, be sure they apply to you
2) Limits of insurance can sometimes be negotiated
3) Auto insurance may not always apply
4) Workers Compensation and Employers Liability may not apply
5) Inform your insurance provider of any policy restrictions

7. TomWallace, CIC, ARM, ExecutiveVP
Specialty Food & Beverage Insurance
by
Personal Coverage, Inc.
Protecting You for the World’s Enjoyment
Toll Free 877-300-4760 (rings to my mobile)
OR
twallacejr@specialtyfoodbeverage.com
www.specialtyfoodbeverage.com
www.personalcoverage.com