Meaning cover note
What does cover note mean? Here you find 26 meanings of the word cover note. You can also add a definition of cover note yourself

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cover note


(1) A document used to provide evidence of insurance if policy documents are not immediately available. (This term is most commonly used outside the United States.) It generally shows the name [..]
Source: irmi.com

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cover note


A document issued by an insurance company giving temporary insurance until a formal policy is issued.
Source: realestate.co.nz (offline)

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cover note


Definition A note written by an agent notifying the insured that his or her coverage has taken effect. Comparable to a binder, but not issued by a company like a binder.
Source: investorwords.com

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cover note


Insurance document evidencing that insurance cover for a consignment has been taken out, but not giving full details.
Source: eximguru.com

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cover note


This is a document giving temporary insurance cover over a property until a formal policy is issued by the insurance company.
Source: anz.com

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cover note


Same as binder; used primarily outside the United States.
Source: conning.com (offline)

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cover note


A temporary certificate confirming that an insurance policy is in force. Used in motor insurance for taxation/registration purposes and in some other contexts such as life assurance to c [..]
Source: apt-finance.com

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cover note


A guarantee of temporary insurance before the implementation of a formal policy.
Source: futurefinancial.com.au (offline)

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cover note


Cover note is a non-negotiable document used as a proof of insurance. A cover note may or may not indicate the terms of coverage.
Source: definitions.uslegal.com

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cover note


This is a document giving temporary insurance cover over a property until a formal policy is issued by the insurance company.
Source: empoweredfinance.com.au

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cover note


A document issued by the insurance company to confirm cover. Most often associated with motor insurance.
Source: 4youngdrivers.co.uk

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cover note


A cover note is a temporary form of certificate, usually valid for 30 days only.
Source: towergateinsurance.co.uk

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cover note


refers to an immediate insurance cover that can be taken out over the phone. The cover will usually last from 10-30 days depending on the insurer. It gives you time to receive the insurance policy proposal in the mail and make the premium payment if you decide to take up the insurance.
Source: moneystuff.net.au (offline)

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cover note


A non negotiable document evidencing insurance which may or may not indicate the terms of coverage.
Source: cbmu.com

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cover note


A document issued to the insured confirming details of the insurance cover placed. Some cover notes are a legal requirement, e.g. motor.
Source: biba.org.uk

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cover note


A document issued by a broker pending the issue of a policy which confirms the arrangement of cover for the named insured/reassured. Motor insurance cover notes that are issued in the United Kingdom (which incorporate a certificate of insurance) are usually of short duration.
Source: iba.ie (offline)

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cover note


Temporary evidence of the granting of insurance.
Source: lancorinsurance.co.za

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cover note


A temporary document which proves the existence of an insurance policy in the event that the actual insurance policy is not yet available.
Source: aig.ie

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cover note


A Cover Note informs the insured that coverage is active often interim cover
Source: aisinsurance.com.au

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cover note


Written statement by insurance agent or broker that coverage is in effect. Different from binder, in that a binder is prepared by the company.
Source: reliance.bc.ca (offline)

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cover note


A document issued by an insurance company, to temporarily insure a property until a formal policy is issued, following payment of the requisite premium.
Source: stgeorge.com.au

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cover note


A contract of insurance intended by the insurer to provide temporary insurance cover and which is to be replaced by another contract of insurance. Cover notes are usually issued where further particul [..]
Source: crottyinsurance.ie

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cover note


Similar to a binder, but binders are usually issued by companies and delivered to agents. A cover note is usually written by an agent, and it informs the insured that coverage is in effect. See also B [..]
Source: calstate.edu

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cover note


A document provided by an insurer as evidence of temporary insurance cover before a formal policy is issued.
Source: lawhandbook.sa.gov.au

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cover note


A document, usually issued by an insurance broker to the expo rter, showing details of the insurance effected
Source: bankingglossary.bankingonly.com (offline)

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cover note


A document issued by an insurance company, to temporarily insure a property until a formal policy is issued, following payment of the requisite premium.
Source: banksa.com.au





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