4/26/2019 JOHNNY'S CERTIFICATE OF INSURANCE REVIEW CHECKLIST

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JOHNNY'S CERTIFICATE OF
INSURANCE REVIEW CHECKLIST

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Below is ... "Johnny's Certificate of Insurance
ABOUT US
Review Checklist". I prepared this checklist to
INTRODUCTION use as a guide when I review (on behalf of
WHAT IS the buyer) a Certificate of Insurance provided by a
supplier or service provider pursuant to the
"CONTRACTS
MANAGEMENT" ?

12 PRACTICAL
REASONS TO USE
applicable sales agreement between the parties:
WRITTEN
AGREEMENTS
WITH SUPPLIERS
JOHNNY MILLER’S  CHECKLIST
CONTRACT
LEGALESE
OF
REDUCTION TIPS  CERTIFICATE OF INSURANCE (COI) FOR A SUPPLIER
60 PRACTICAL
                     Supplier
CONTRACT (Current Date)
DRAFTING TIPS  
1. Date of Attached Certificate of Insurance (COI):   Date                 
COMMERCIAL
(Ideally, the COI date should be not more than ten days after the effective
CONTRACTS
MANAGEMENT
date of the Supplier Agreement.)   Effective Date of Supplier Agreement:
BEST PRACTICES           
 
50 TIPS FOR YOUR 2. Is the “Named Insured” (near the top left of the form) the same as the name   Yes        No       
STATEMENT OF of the Supplier?
WORK (SOW)  
3. Does the COI accurately list each type of insurance required by the Supplier   Yes        No       
JOHNNY'S SOW Agreement?  
TEMPLATE  
SERVICE LEVEL 4. Are the liability limits equal to or greater than those required by the Supplier   Yes        No       
AGREEMENT Agreement?
TEMPLATE  
5. Are the expiration dates far enough in the future to cover the period the   Yes        No       
INTERNATIONAL
Supplier will be providing services/products?  [A new COI will be required
SALES AGREEMENT
after the COI expiration date].
CHECKLIST
 
CHECKLIST FOR 6. Does the COI name the Buyer as “Certificate Holder”?    Find this box near   Yes        No       
JOINT the lower left hand corner.  Variations of the Buyer’s name are unacceptable.  
COLLABORATIVE  
AGEEMENTS 7. Does the COI contain the proper “Endorsements” as required by the Supplier   Yes        No       
Agreement? [e.g. waiver of subrogation, primary insured, additional insured
115 ISSUES IN party, etc].
COMMERCIAL
8. Does the COI (in the bottom right box) provide for 30 days advance notice of   Yes        No       
SERVICES
any modification, change or cancellation of coverage? [The exact time period
AGREEMENTS
may vary based on the requirement in the Supplier Agreement].
RISK  
MANAGEMENT 9. Is the COI addressed correctly to the appropriate Buyer’s office so that the   Yes        No       
Buyer will receive timely notice of a policy change or cancellation?
CHECKLIST FOR  
OUTSIDE COUNSEL 10. Is the COI properly signed?   Yes        No       
AGREEMENTS
 
 
SEVERABILITY
11. If any of these above 10 items are answered “NO”, require the Supplier   Yes        No       
40 and/or Issuer to revise the COI.
INDEMNIFICATION  
CLAUSE REVIEW 12. Does Supplier have lower-tier subs?   Yes        No       
TIPS      
(If so, do those lower-tiers subs meet Supplier’s  insurance requirements?)    
US PATENTS: 30   Yes        No       
FACTORS TO  
CONSIDER
 
40 NON  
DISCLOSURE Reviewed by:                                     
                                Name
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4/26/2019 JOHNNY'S CERTIFICATE OF INSURANCE REVIEW CHECKLIST
AGREEMENT                               
REVIEW TIPS Ttle
                              
14 IMPORTANT, Signature
PRACTICAL, AND
USEFUL
INVENTORSHIP
ISSUES

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INTELLECTUAL
PROPERTY DUE
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CHECKLIST

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NEGOTIATION
CHECKLIST

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PROGRAM

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OUTSOURCING OF
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CONTRACTS
MANAGEMENT

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INSURANCE
BROKER
AGREEMENTS

JOHNNY'S
CERTIFICATE OF
INSURANCE
REVIEW
CHECKLIST

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TEXAS

CLIENT REVIEWS

AVVO

ARTICLES

57 RESUME
BLUNDERS

YOGI-ISMS

UECKER-ISMS

BASEBALL IS
DIFFERENT

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