What is a Certificate of Insurance (COI) and Why Do I Need One?

A COI is a statement of coverage issued by the company that insures your business.
Usually no more than one page, a COI provides a summary of your business coverage.
It serves as verification that your business is indeed insured. We request a COI as a condition of issuing you a Vendors’s License.

Where can I get a COI

You can get one from your insurance company. Contact your insurance agent or broker and they can walk you through the process in just a few minutes.

What are Omega Psi Phi Fraternity, Inc.’s COI requirements

A Certificate of Insurance (“COI”) must be submitted evidencing a minimal limit of

• One Million Dollars ($1,000,000.00) for each occurrence and
• Two Million Dollars ($2,000,000) Aggregate and product liability coverage.
• The certificated holder must be Omega Psi Phi Fraternity, Inc. 3951 Snapfinger Parkway Decatur Georgia 30035.
• The COI must name the Omega Psi Phi Fraternity, Inc. and its unincorporated Chapters as an additional insured.

Do you have an example of a COI:

Sure. Your insurance provider’s COI may look a bit different than the example. That is ok, as long as the limits and the certificate holder and description matches the requested limits and language above (and in the image below).