What Is A Life Insurance Certificate?

  1. 63333 POINTS
    Peggy Mace
    Most of the U.S.
    A life insurance certificate is a certificate of insurance saying that a policy was purchased, and that outlines the basic provisions of the policy. When you are enrolled in a group policy, you may be given a life insurance certificate. You may need to order a certificate of insurance to prove to a lender or other entity that you have that coverage. For your own individual life insurance, having a copy of the policy is sufficient and preferable.
    Answered on August 9, 2013
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