Monitoring the leaf is necessary and not always sufficient. An intermediate certificate has its own validity window, and when one is retired the practical symptom is a trust failure rather than an expiry notice — clients that cannot build a path to a root simply refuse the connection.
That is why a check here reports trust and expiry as separate results. A certificate can be well inside its window and still fail validation, and a monitor that reduces both to one green tick will tell you everything is fine right up until it is not.
Chain depth is the cheap diagnostic. A publicly issued certificate served alone, with a depth of one, means the intermediate is missing from the server configuration even though desktop browsers may hide the problem with a cached copy.