| binder |
A temporary insurance contract that provides proof of coverage until a permanent policy is issued.
Ãâó: www.go-to-debt-consolidation.com/debt/glossaryB.as...
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| binder |
A legal agreement between an insurance buyer and an insurance company or its agent. It provides temporary insurance coverage until a policy is issued.
Ãâó: www.insurancepoliciesonline.com/resourcecenter/glo...
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| binder |
An ad-hoc or preliminary agreement that provides coverage until a policy can be written or delivered.
Ãâó: www.blonnet.com/iw/2002/07/21/stories/200207210024...
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| binder |
A memorandum of agreement to issue insurance giving temporary coverage until a formal policy is issued.
Ãâó: www.investsf.com/Glossary.html
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| binder |
A written agreement whereby one party agrees to insure another party pending receipt of, and final action upon, the application.
Ãâó: us.hsbc.com/personal/invest/tools/glossary.html
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