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binding receipt

См. также в других словарях:

  • binding receipt — or slip Term refers to a limited acceptance of an application for insurance given by an authorized agent pending the ascertainment of the company s willingness to assume the burden of the proposed risk, the effect of which is to protect the… …   Black's law dictionary

  • binding receipt — or slip Term refers to a limited acceptance of an application for insurance given by an authorized agent pending the ascertainment of the company s willingness to assume the burden of the proposed risk, the effect of which is to protect the… …   Black's law dictionary

  • binding receipt or slip — Term refers to a limited acceptance of an application for insurance given by an authorized agent pending the ascertainment of the company s willingness to assume the burden of the proposed risk, the effect of which is to protect the applicant… …   Black's law dictionary

  • binding receipt or slip — Term refers to a limited acceptance of an application for insurance given by an authorized agent pending the ascertainment of the company s willingness to assume the burden of the proposed risk, the effect of which is to protect the applicant… …   Black's law dictionary

  • binding receipt — noun : a receipt given to an applicant for life insurance when he signs the application and pays his first premium stipulating that the insurance shall go into effect immediately if the risk proves to be acceptable irrespective of the date of… …   Useful english dictionary

  • Conditional Binding Receipt — A receipt involved in life, health and certain property insurance contracts; if the insured is deemed to be covered by the insurer, the coverage begins on the date the insured receives the conditional binding receipt. Typically, a premium payment …   Investment dictionary

  • binding — adj 1: imposing a legal obligation the agreement is binding on the parties 2: requiring submission to a specified authority the suppression order was binding on the Department of Transportation National Law Journal Merriam Webster’s Dictionary of …   Law dictionary

  • binding slip — binding receipt or slip Term refers to a limited acceptance of an application for insurance given by an authorized agent pending the ascertainment of the company s willingness to assume the burden of the proposed risk, the effect of which is to… …   Black's law dictionary

  • binding slip — binding receipt or slip Term refers to a limited acceptance of an application for insurance given by an authorized agent pending the ascertainment of the company s willingness to assume the burden of the proposed risk, the effect of which is to… …   Black's law dictionary

  • conditional binding receipt — A term familiar in the law of life insurance, which means temporary coverage upon condition of the ultimate approval of the application. 29 Am J Rev ed Ins §§ 208, 209 …   Ballentine's law dictionary

  • conditional receipt — See conditional binding receipt …   Ballentine's law dictionary

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