Certificate of Insurance. (1) A statement of the coverage and provisions of a master contract in group insurance that is issued to individuals covered in the group. (2) A form which verifies that a policy has been written and states the coverage in general, often used as proof of insurance in loan transactions and for other legal requirements. (G) Charter. Usually the same as articles of incorporation. This is the grant of rights from a state or federal government, such as the right to incorporate and transact business. (G) Chattel Mortgage. A type of mortgage where the collateral is personal property, rather than land or buildings. (G) Claim. A demand made by the insured, or the insured's beneficiary, for payment of the benefits provided by the contract. (G) stupsertod, stupgr1, stup19site