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A home insurance binder is a temporary agreement between you and an insurance provider that provides coverage until a formal insurance policy is issued. Since it’s a temporary arrangement, it ...
Established in 1970 as a non-profit organization, ACORD was formed by insurance carriers and agents focused on building efficiencies in the United States property casualty insurance market. Originally named Agent Company Operations Research and Development (ACORD), the organization's initial goal was to standardize the many proprietary forms ...
Property and casualty guaranty funds step in to pay the covered claims (which would otherwise go partially or entirely unpaid) of policyholders of an insolvent insurer at levels determined by state law. This ensures policyholders and claimants at greatest risk are protected from the most severe consequences of an insurer's failure.
An owner controlled insurance program (OCIP) is an insurance policy held by a property owner during the construction or renovation of a property, which is typically designed to cover virtually all liability and loss arising from the construction project (subject to the usual exclusions).
The majority of insurance companies will not disclose information or discuss an insured party's account with an agent other than the agent of record. An insured party wishing to change insurance agent (s) must submit a revised agent of record letter [ 1 ] to the respective insurer authorizing said insurer to release the insured party's ...
Mortgage insurance is a form of credit insurance, although the name "credit insurance" more often is used to refer to policies that cover other kinds of debt. Many credit cards offer payment protection plans which are a form of credit insurance. Trade credit insurance is business insurance over the accounts receivable of the insured. The policy ...
Binder Twine Festival, an annual festival in Kleinburg, Ontario; Phosphate binder, a medication used to reduce the absorption of phosphate; Reaper-binder, a type of farm equipment; A garment or bandage used for breast binding; A base class in the role-playing game Dungeons & Dragons; Insurance Binder, a contract of a temporary insurance policy
James L. Acord in front of the Fast Flux Test Facility, Hanford Site, WA, USA. James Leroy Acord (19 October 1944 – 9 January 2011) was an artist who worked directly with radioactive materials. He attempted to create sculpture and events that probed the history of nuclear engineering and asked questions about the long-term storage of nuclear ...
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