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

49. 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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