A Certificate of Currency and a Certificate of Insurance are more or less the same thing. One insurer may use one term and another may use the other.

A Certificate of Insurance is the document provided by your insurer or insurance broker in order to confirm the details and currency of the insurance policy. This is the document that will confirm to third parties that you have the appropriate cover over an asset or a business. You should receive this after the policy has been defined and the payment made.

Third parties may request a certificate of insurance for a variety of reasons:

  • A bank or financier may request one to confirm that the item they have lent money towards is insured so they can be paid back in the event of a total loss.
  • A contractor may request one confirming public liability cover from his subcontractor to ensure that if the subcontractor causes property damage or in the event of litigation against the contractor, they will be able to counter claim against the subcontractor.

At All Trades Cover we can send you a Certificate of Insurance in minutes. You can get a public liability quote, buy online and we can email the Certificate of Insurance to you.