Document background
The Insurance Certificate of Liability is a critical document in the Belgian business environment, required for various commercial and professional activities. It serves as tangible proof that an entity or individual maintains adequate liability insurance coverage as required by law, contracts, or professional standards. This certificate is particularly important in Belgium, where liability insurance is mandatory for many professional activities and regulated by the Financial Services and Markets Authority (FSMA). The document includes essential information such as coverage limits, policy period, named insureds, and specific types of liability covered. It is commonly requested during contract negotiations, licensing procedures, or when engaging in business relationships where proof of insurance is required. The certificate must comply with Belgian insurance law and relevant EU directives, making it a legally significant document for risk management and compliance purposes.
