Blog
Learn from the pros about risk-mitigation, document tracking, and more, with expert articles from Business Credentialing Services.
4 Steps for Tracking Certificates of Insurance
The certificate of insurance tracking process includes collection and storage, analysis, correction, and follow-ups. The BCS App simplifies this process.
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Why Additional Insured Endorsements Are So Important
Additional Insured endorsements are insurance provisions extending liability protection from the policyholder to other parties who may benefit.
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What Is a Loss Payee?
Loss payee is a common insurance policy designation naming the party to which payments are to be made in the event of a loss.
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More Articles from BCS
What Is a Certificate of Insurance & Why Do I Need It?
A certificate of insurance (COI) is a document that serves as proof of business insurance. It is a snapshot of an insurance policy containing all the most important details of the policy, and helps protect against third-party risk.
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What Does a Background Check Include?
While the criteria of a background check is ultimately decided by the employer, a typical candidate screening may include criminal history, vendor credentials, alternate business names, insurance compliance, customer reviews, and Better Business Bureau standing.
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What Is Commercial General Liability?
Commercial General Liability (CGL) is a type of insurance coverage that will protect a business from risks including bodily harm, property damage, advertising and personal injuries.
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What's the Difference Between Occurrence & Claims-Made Insurance?
An occurrence policy has lifetime coverage for the incidents that occur during its policy period, regardless of when the claim is reported. A claims-made policy only covers incidents that happen and are reported within the policy's time frame, unless a 'tail' extension is purchased.
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Certificate Holders & Additional Insureds: What's the Difference?
Certificate holders possess proof of insurance on commercial general liability policies, while additional insureds are other parties coverage has been extended to, beyond the initial policyholders.
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What Is a Waiver of Subrogation?
A waiver of subrogation is a contractual provision that indemnifies third-party subcontractors from liability, effectively revoking an insurer's right to recoup losses from a claim concerning third-party fault for incurred damages.
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The Critical Nature of Workers’ Compensation Insurance
Workers' Compensation Insurance is designed to protect both your business and your employees from suffering any more than necessary after a work-related injury claim.
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