Exchange Currency

conditional receipt

Proof of an interim contract, which forces a health or life insurance company to pay out benefits as long as an adequate application and a premium were received.

Related information about conditional receipt:
  1. Conditional Receipt
    Definition of "Conditional Receipt". A receipt given for premium payment accompanying an application for insurance. If the application is approved as applied for, ...
     
  2. Conditional Receipt: Definition from Answers.com
    Conditional Receipt Evidence of a temporary contract obliging a life or health insurance company to provide coverage as long as a premium accompanies an.
     
  3. Conditional Binding Receipt Definition | Investopedia
    ... the insured to obtain the receipt. This may also be called a "conditional receipt" or a "binding receipt" depending on the type of insurance. Investopedia Says ...
     
  4. What is conditional premium receipt? definition and meaning
    It makes the policy in force before the policy documents are issued, provided the applicant meets all requirements. Also called conditional receipt.
     
  5. What Is a Conditional Life Insurance Receipt? | eHow.com
    If you apply for a life insurance policy, fill out your application truthfully and give the agent money for the premium, you receive a conditional receipt for the policy.
     
  6. What Is A Conditional Life Insurance Receipt? | LIVESTRONG.COM
    Jan 22, 2010 ... A conditional receipt is what you get when you send in an application for life insurance along with an initial premium payment. It provides for ...
     
  7. LIFE CONDITIONAL RECEIPT - National Slovak Society
    Provided the following conditions are met, exactly, the insurance applied for will be effective on the later of: (1) the date of application, or (2) the last date of any ...
     
  8. Financial Security Associates: TIA vs Conditional Receipt
    Temporary Insurance Agreement: This is a receipt for premiums received with a term or permanent life insurance application, which provides temporary ...