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Home B Binder

Binder

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An underwriting authority given to the broker or intermediary to bind or incept risks on their behalf, subject to the terms and conditions of the binder agreement. Go to “I”  for an explanation of “incept”.

Last Updated on Thursday, 19 November 2009 11:41  

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This site is sponsored by Lumley St Aubyn Insurance Services, one of the country's leading specialists in high value home and contents insurance.