Question: 4 9 . Richard Risk is setting up a system to manage the certificates of insurance his company receives from its subcontractors. What are the
Richard Risk is setting up a system to manage the certificates of insurance his company receives from its subcontractors. What are the key steps Richards certificate management system should include?
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a Obtain the certificate, put it in a file with other certificates, and purge the file periodically.
b Obtain the certificate, attach it to the contract, and file it for future reference.
c Obtain the certificate, review and verify compliance with requirements, monitor ongoing compliance, and maintain a semipermanent record of the certificate.
d Obtain the certificate, verify that it is signed by an authorized representative of the insurer, and file it in a convenient location.
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