Home Insurance Glossary - Binder

The Definition of "Binder" is:

Temporary authorization of coverage issued prior to the actual insurance policy.



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B-share Variable Annuity Balance Sheet Bank Holding Company Basis Point Beach And Windstorm Plans Beneficiary Binder Blanket Insurance Bodily Injury Liability Coverage Boiler And Machinery Insurance Bond Rating Bond Book Of Business Broker Burglary And Theft Insurance Business Income And Extra Expense Insurance (Also Known As Business Interruption Insurance) Businessowners Policy (BOP).
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