Cover Note
/ˈkʌvər noʊt/
Definitions
- (n.) A preliminary document provided by an insurer that outlines the essential terms of insurance coverage before the formal policy is issued.
The insured received a cover note to confirm that their property was temporarily insured pending the issuance of the full policy.
- (n.) A temporary insurance certificate that offers proof of coverage in force during the underwriting process.
The client showed a cover note as evidence of insurance to the bank while the policy was being finalized.
Forms
- cover notes
Related terms
See also
Commentary
A cover note is a provisional document and should explicitly state the terms and duration of temporary coverage to avoid disputes before the formal insurance contract is issued.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.