Do Professional Service Vendors Need a Certificate of Insurance?
FAQ | Professional Services Guide
Menu
Guide overview
- 1. Professional Services Basics
- 2. Client Management and Retention
- 3. Project Definition
- 4. Resource Planning
- 5. The Ultimate Guide to Capacity Planning
- 6. Project Visibility
- 7. Billing for Projects
- 8. Project Profitability
- 9. Professional Services Software For Project Management
- 10. A Guide to Time Tracking for Consultants and Professional Services
- 11. FAQ
- 12. Glossary
Guide overview
- 1. Professional Services Basics
- 2. Client Management and Retention
- 3. Project Definition
- 4. Resource Planning
- 5. The Ultimate Guide to Capacity Planning
- 6. Project Visibility
- 7. Billing for Projects
- 8. Project Profitability
- 9. Professional Services Software For Project Management
- 10. A Guide to Time Tracking for Consultants and Professional Services
- 11. FAQ
- 12. Glossary
Compliance and Legal
Do professional service vendors need to produce a certificate of insurance?
A certificate of insurance may be necessary for some professional service vendors. As Hiscox notes, a certificate of insurance should be produced if a client needs “to prove that certain liabilities will be covered during the course of the project.”
Recommendation 5 questions
Do professional service corporations have limited liability? Is prevailing wage required on professional services? Do professional services have an implied warranty? Do professional services have to provide proof of workers’ compensation? Do we need to file as a professional service corporation?