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- Motor Insurance Cover Note
06-08-2016 11:20 AM
14-02-2022 05:03 PM
14-02-2022 05:03 PM
SolutionHI,
A cover note is a temporary certificate of insurance 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.
20-09-2017 02:49 PM
20-09-2017 02:49 PM
Hey Kelvin,
The Cover Note(C.N) is a document issued in advance of the policy.
The cover note is issued as an 'evidence of protection' for a temporary period of time till the time the original policy certificate is received to prove that the cover is in force.
The cover note is temporary and will be super ceded once the policy is issued. The cover note is valid for sixty days (60) days.
I hope above solution will clear your doubts on Cover Note.
14-02-2022 05:03 PM