Anonymous asked in Business & FinanceInsurance · 1 decade ago

What is a cover note in a car insurance?

2 Answers

  • 1 decade ago
    Best answer

    A cover note is a temporary insurance's certificate that is issued by the Insurer before the issuance of a policy after the Insured has given a duly filled in proposal form and has paid the premium in full. This note is valid for a period of 60 days from the date of issue of the cover note and the Insurer shall issue the Insurance certificate before the cover note expires.

  • 1 decade ago

    It is the temporary Insurance certificate, which has the equal importance of an insurance policy. It is valid only for certain period like 1 or 2 months. You have to get the original policy before this period.

Still have questions? Get answers by asking now.