Skip to main content
A template can require any of eight coverage types. Each has the same settings: a minimum for its first limit (each occurrence for most coverages, combined single limit for auto, E.L. each accident for workers’ compensation), a minimum aggregate limit, whether it is mandatory, and which endorsements are required. See Requirement templates.

​
Each occurrence and aggregate

These are two different limits:
  • Each occurrence is the most the policy pays for one incident.
  • Aggregate is the most it pays across the whole policy period.
A certificate can meet one and miss the other. WatchMyCover checks each against its own minimum, and skips a minimum you leave blank. Limits are written in your company’s currency, which follows the country chosen when the workspace was set up: $ for the United States, C$ for Canada, £ for the United Kingdom. Field labels carry the same mark. The examples and pictures in these pages use US dollars.
Requirements versus certificate table where the general liability aggregate on the certificate is lower than the aggregate required

Each occurrence met, aggregate missed: the shortfall is shown in red.

How the two fields apply to each coverage, when you record a certificate:
Workers’ compensation is statutory, and certificates often show Per Statute checked. Record it with the Per statute box on the workers’ comp row. It is kept and shown on the subcontractor’s page, but it is not a limit: WatchMyCover checks the employers’ liability figure you enter in E.L. each accident ($) against the minimum in your template. If the template sets a workers’ comp minimum and no figure is entered, the finding is Limit not provided, whether or not Per statute is checked.
For what the statutory part and the three employers’ liability figures on a certificate mean, see Workers’ comp limits explained.
Workers compensation section of the certificate form with the Per statute checkbox outlined

The Per statute box on the workers' compensation row. The E.L. each accident figure is still what is checked.

​
Mandatory or optional

A coverage marked Coverage is mandatory decides the verdict: if it is missing, expired, not yet in force, short or lacking a required endorsement, the subcontractor fails or needs review, and is chased. An optional coverage (included in the template but not mandatory) is recorded and shown, but its problems are informational only. It never changes the verdict and is never chased. A coverage the template does not include at all can still be recorded. It is listed in the subcontractor’s Cover in force card and has no effect on the verdict.

​
Reading from a certificate or a spreadsheet

Reading a certificate PDF into the form, and importing a spreadsheet, fill in four of the eight: general liability, workers’ compensation, automobile liability and umbrella / excess. Professional, pollution and cyber liability and builder’s risk are recorded by typing them into the certificate form.

​
References