Overview
If you have received a request to provide documents through myCOI, it is because one of our participating customers needs to verify that you have the necessary insurance coverage. This is a standard process to ensure that all parties involved are properly insured and compliant with the customer's insurance requirements.
Why Is This Important?
Our customers often work with third parties such as vendors, contractors, or suppliers. To protect against financial and legal risks, they must confirm that their partners have appropriate insurance coverage in place. By submitting your insurance documents through myCOI, you’re helping our customers verify that:
- Your business holds adequate liability insurance.
- You meet any specific insurance requirements they may have, such as workers' compensation or auto insurance.
This process helps ensure that everyone is covered in the event of accidents, property damage, or other incidents that may occur during your business relationship.
How Does This Work?
Once you provide your insurance documents, myCOI tracks, verifies, and confirms that your coverage meets our customers' requirements. This eliminates manual paperwork and ensures compliance for all parties.
What Do You Need to Do?
To comply, simply follow the instructions provided in the request sent to your email. Submit the insurance certificates and any additional documents being requested by our participating customers. Once verified, you will receive a notification if additional items are needed.
This process benefits everyone by ensuring proper insurance protections are in place, helping reduce risk and streamline business operations.
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