Final answer:
The statement is true as blanket policies provide insurance coverage under a single limit for multiple properties or locations; thus, individual certificates for each are not typically issued.
Step-by-step explanation:
The statement that certificates are NOT issued in blanket policies is generally true. Blanket policies are insurance policies that provide coverage under a single limit for either multiple properties, types of property, or locations. Unlike specific insurance policies that cover individual items or locations and require a separate certificate for each, blanket policies can cover a range of items or locations under one policy, with one certificate representing the coverage of all items or locations.
Thus, certificates in the context of blanket policies are typically not issued for each individual item but for the entire set of properties. This aligns with the nature of a blanket policy to provide a wide coverage under a single umbrella without the need for individual certificates for each insured item or location.