• Insurance terminology
     Help
  • A temporary agreement that provides coverage until a policy is issued
    Binder
  • The amount you must pay before the insurance company pays the rest
    Deductible
  • The written contract of insurance
    Policy
  • Unlock this slideshow and over 4 million more with Baamboozle+
    Try slideshows
  • Your experience on this site will be improved by allowing cookies.