What document provides proof of insurance coverage to members insured under a group contract?

The Certificate of Insurance serves as an essential document that provides proof of insurance coverage to members insured under a group contract. This certificate is often issued by the insurance company and summarizes the key details of the insurance policy, including the types of coverage provided, the limits of coverage, and the effective dates. It functions as a verification that the individuals covered are indeed part of the group plan and have insurance protection, making it particularly useful for members when they need to demonstrate their coverage to third parties, such as healthcare providers or during claims processes.

In contrast, other documents such as an Insurance Policy contains the full terms, conditions, and provisions of the insurance agreement but may not be practical for members to present, as they are often lengthy and complex. A Coverage Statement might outline the specifics of what is covered, but it typically does not serve as official proof of coverage. Lastly, a Policyholder Agreement is an agreement between the insurer and the policyholder that details the rights and obligations of each party, but it is not directly related to providing proof of individual coverage for members.