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Insurance > Binder (Or Binding Receipt)

The following information is about Binder (Or Binding Receipt).

Binder (Or Binding Receipt) Defined

In lines other than life and (usually) health, a binder is an acknowledgment (usually from the agent) that the insurance applied for is in force whether or not premium settlement has yet been made or the policy issued. In life and health insurance, binders are not issued, but if the premium settlement is made with the application, what is often erroneously referred to as a binder or "binding receipt" is issued. Actually, this is a conditional binding receipt.

This definition is in context to Insurance. See more contextual defintions for Binder (Or Binding Receipt).


Maintaining his medical mission

Published November 30, 2008, 9:14 pm, Knoxville News Sentinel

SEVIERVILLE - Sometimes greatness arrives without balloons or exit polls or waves to adoring crowds. Sometimes it bounces in down a mountain road in a Chevy with lanterns for headlights - completing a ground journey that could take as long to get from Newport to Pittman Center as it takes today to get from Knoxville to Memphis. That's how Dr. Robert F. Thomas, a physician and Methodist minister ...

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Hospitals fiercely guard images

Published November 28, 2008, 8:56 am, Akron Beacon Journal

Boasting about rankings can be exagerated. Bills often don't reflect real cost Prices sometimes jump after hospitals merge

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