A Certificate of Insurance is a document that proves that an employer is insured to take on the liability associated with contract employees. When you place contract candidates, most clients will want to see a Certificate of Insurance to assure that all of the insurance policies are current and have acceptable dollar limits, so you’ll need to have one if you are running your own back-office. If you outsource the back-office, your provider should be able to give you a copy.
A Certificate of Insurance can include the following types of coverage:
- Commercial General Liability
- Professional Liability – including medical professional liability insurance, if applicable
- Commercial Excess Liability (Umbrella)
- Hired and Non-Owned Automobile Liability
- Employer Practices Liability Insurance (EPLI)
- Employee Dishonesty Bond
- Employee Forgery Bond
