Binder
Auto Insurance
A temporary or preliminary agreement, in effect for less than 60 days, that provides coverage until a policy can be written or delivered.
- — Automobile Insurance Definitions retrieved 2014-05-19
A temporary insurance contract that provides proof of coverage until you receive a permanent policy. A binder is subject to payment of a premium.
- — Auto Insurance Glossary retrieved 2014-05-19
A short-term agreement that provides temporary insurance coverage until the policy can be issued or delivered.
- — Auto Insurance Glossary retrieved 2014-05-19
A temporary insurance contract that provides proof of coverage until you receive a permanent policy.
- — Glossary of Common Auto Insurance Terms retrieved 2014-05-19
A temporary or preliminary agreement that the insurance for which you applied is in force. This agreement is in effect until the policy is issued and delivered.
- — Glossary of Auto Insurance Terms retrieved 2014-05-19
Homeowners Insurance
A temporary insurance contract that provides proof of coverage until you receive a permanent policy. A binder is subject to payment of a premium.
- — Homeowners Insurance Glossary retrieved 2014-05-16
A temporary insurance contract that provides proof of coverage until you receive a permanent policy.
- — Glossary of Common Homeowners Insurance Terms retrieved 2014-05-16
A temporary or preliminary agreement, which provides coverage until a policy can be written or delivered.
- — Glossary of Homeowner Insurance Terms retrieved 2014-05-16
Storage
The polymer used to bind magnetic particles together and adhere them to the tape substrate. Generally, a polyester or polyether polyurethane based system. See polymer.