Explore the concept of Binding Receipt in Property Insurance, a temporary contract ensuring coverage upon premium payment with the application. Learn how this differs from Conditional Receipt in health or life insurance.
Understand Aviation Trip Life Insurance, a policy designed to cover the insured’s life for the duration of a specific flight. Learn why it can be essential for frequent flyers and travelers.
Learn about the cover note in general insurance, a notice by an agent confirming the commencement of coverage, similar to a binder but not issued by the insurance company.
Understand what a binder is in general insurance terms. Discover how binders provide temporary coverage before a contract is finalized or premiums are paid.
Understand the Wedding Presents Floater, a temporary form of property insurance that provides coverage for wedding presents for a set period of time, ensuring your gifts are protected.
Learn about Preliminary Term insurance coverage, its purpose, and how it provides short-term protection until your long-term policy's anniversary date.
