Certificate of compliance

{
  "id": "MLC-T-INS-000730",
  "term": "Certificate of compliance",
  "field": "Insurance and risk management",
  "definition": "A document issued by a regulatory body or an independent third party confirming that an entity or product meets specific legal, regulatory, or contractual requirements. In insurance, it verifies adherence to licensing laws, solvency standards, or policy provisions. This certificate provides assurance that the holder operates within established guidelines, such as those set by state insurance departments.",
  "url": "https://mlchart.com/terminology/insurance/certificate-of-compliance/"
}