Template - LETTER OF INSURANCE BINDER
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Writing well, just like speaking well is a valuable communication skill especially when it comes to business matters.
Business letters tend to be more formal and are often sent to people we don’t know. They need to convey the right tone - whether it be authority, disagreement, satisfaction or gratitude.
Whenever you write to a prospect, customer, supplier or an employee it is vital to present a professional document so you can make the right impression.
To get you started, we've prepared a list of standard business letter templates. You can use them freely for your own use with our compliments.
You are not permitted to reproduce these letters on any medium for public display or re-sale.
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Effective Date and Hour: ______________________________________________
This binder is evidence that __ ____________________________ has placed the described insurance with the above Company for the amount set forth. This binder shall remain in force for ______ days from the date of commencement of liability hereunder or when, if earlier, it is replaced by a policy of the Company, and is subject to all the terms and conditions of said policy as customarily issued by the Company. This binder may be cancelled by the Insured by mailing to the Company written notice stating when thereafter such cancellation shall be effective. This binder may be cancelled by the Company by mailing to the named insured at the address shown in this binder written notice stating when not less than ten days hereafter such cancellation shall be effective.
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